Evercore ISI Group has downgraded Duke Energy (DUK) from ‘Outperform’ to ‘In-Line’ and reduced its price target from $143 to $139. This adjustment follows several other analyst updates, some of which also lowered price targets. Duke Energy is a major U.S. utility, and despite the downgrade, Wall Street analysts maintain an average “Outperform” recommendation with an implied upside, though GuruFocus estimates a downside based on its GF Value.
Evercore ISI Downgrades Duke Energy (DUK) Rating, Lowers Price T
Evercore ISI Group has downgraded Duke Energy (DUK) from ‘Outperform’ to ‘In-Line’ and reduced its price target from $143 to $139. This adjustment follows several other analyst updates, some of which also lowered price targets. Duke Energy is a major U.S. utility, and despite the downgrade, Wall Street analysts maintain an average “Outperform” recommendation with an implied upside, though GuruFocus estimates a downside based on its GF Value.