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Analysts Conflicted on These Utilities Names: Duke Energy (DUK) and Southern Co (SO)

Tipranks - Wed Aug 5, 10:46AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Duke Energy (DUK) and Southern Co (SO).

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Duke Energy (DUK)

Evercore ISI analyst Nicholas Amicucci maintained a Hold rating on Duke Energy today and set a price target of $140.00. The company’s shares closed last Tuesday at $123.93.

According to TipRanks.com, Amicucci is a 3-star analyst with an average return of 6.4% and a 39.3% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Consolidated Edison, and XPLR Infrastructure. ;'>

Currently, the analyst consensus on Duke Energy is a Moderate Buy with an average price target of $138.50, a 12.1% upside from current levels. In a report issued on July 21, Wells Fargo also maintained a Hold rating on the stock with a $136.00 price target.

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Southern Co (SO)

In a report issued on July 31, Marie Ferguson from Argus Research maintained a Buy rating on Southern Co. The company’s shares closed last Tuesday at $92.78, close to its 52-week high of $94.45.

According to TipRanks.com, Ferguson is a 4-star analyst with an average return of 6.5% and a 61.9% success rate. Ferguson covers the Utilities sector, focusing on stocks such as American Electric Power, Edison International, and Consolidated Edison. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $98.40 average price target, a 6.9% upside from current levels. In a report issued on July 31, Mizuho Securities also maintained a Buy rating on the stock with a $106.00 price target.

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