.September 17, 2024 Tuesday 02:00:12 PM

James Thalacker from BMO Capital has raised Duke Energy Corporation’s price target to $126, indicating an 8% potential upside for the stock. Despite a slight expected decrease in EPS, revenue forecasts suggest positive year-over-year growth, highlighting the company’s strong financial health. Duke Energy’s stock has shown solid momentum, outperforming broader market indices and the Utilities sector with a 2.53% increase over the past month. The company’s market capitalization is around $90.05 billion, with recent trading volume at 1,040,067 shares, showcasing investor interest in the energy sector.