Duke Energy (DUK) demonstrated strong Q1 earnings and reaffirmed its FY24 outlook, hitting a 52-week high, showing a strong start with robust financials for 2024. The company is valued highly amidst increasing residential customer numbers. Despite missing some revenue estimates, DUK's valuations appear lofty due to quality utility. DUK increased its price target to $108.00 according to BMO Capital Markets. The corporation appointed Harry Sideris as the president, as it aims to improve fundamental metrics. The company, greatly controlled by institutional shareholders, is attracting investor attention.
Duke Energy Corporation DUK News Analytics from Wed, 05 Jul 2023 07:00:00 GMT to Thu, 09 May 2024 09:02:24 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -2