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Stock impact report

BMO Capital Lowers Duke Energy (DUK) Price Target [Yahoo! Finance]

Duke Energy Corporation (Holding Company) (DUK) 
Last duke energy corporation (holding company) earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: duke-energy.com/our-company/investors
Company Research Source: Yahoo! Finance
BMO Capital Lowers Duke Energy (DUK) Price Target Duke Energy Corporation (NYSE:DUK) engages in the distribution of natural gas and energy-related services. The company owns and operates a diverse mix of regulated power plants – including hydro, coal, nuclear, natural gas, solar, and battery storage. On November 10, BMO Capital analyst James Thalacker lowered the firm's price target on Duke Energy Corporation (NYSE:DUK) from $138 to $136, but maintained an ‘Outperform' rating on the company's shares following its recent Q3 results. According to the analyst, the utility's management is expecting to announce a refreshed 5-year capital plan in the range of $95 billion and $105 billion with Q4 results. The investment plan will drive earnings base growth of more than 8.5% through 2030, with incremental equity funding 30% to 50% of higher CapEx. Duke Energy Corporation (NYSE:DUK) reported strong results for its third quarter on November 7, with the company topping revenue and profit Show less Read more
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