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Analysts Offer Insights on Utilities Companies: Duke Energy (DUK) and WEC Energy Group (WEC)

Tipranks - Sat Feb 14, 7:14AM CST

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Duke Energy (DUKResearch Report) and WEC Energy Group (WECResearch Report) with bullish sentiments.

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Duke Energy (DUK)

TD Cowen analyst Shelby Tucker maintained a Buy rating on Duke Energy today and set a price target of $143.00. The company’s shares closed last Thursday at $126.11.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 10.0% and a 68.0% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Consolidated Edison, and Mdu Resources Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duke Energy with a $132.85 average price target, a 5.9% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $136.00 price target.

See the top stocks recommended by analysts >>

WEC Energy Group (WEC)

In a report released today, Paul Fremont from Ladenburg Thalmann & Co. maintained a Buy rating on WEC Energy Group, with a price target of $127.50. The company’s shares closed last Thursday at $114.03.

According to TipRanks.com, Fremont is a 4-star analyst with an average return of 5.5% and a 64.9% success rate. Fremont covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Chesapeake Utilities, and Portland GE. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WEC Energy Group with a $121.18 average price target, which is a 7.1% upside from current levels. In a report issued on February 7, TipRanks – OpenAI also upgraded the stock to Buy with a $123.00 price target.

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