Duke Energy Corporation (DUK) is a heavily favored stock among institutional investors, holding approximately 67% of the company. Over the past week, the stock increased by 4.0%, and over the past year, it brought returns of 22%. Strong price appreciation is forecasted according to JPMorgan Chase & Co. Proficio Capital Partners LLC, Commonwealth Equity Services LLC and Avantax Advisory Services Inc. have recently made significant purchases of DUK shares. Regardless, there were also notable sell-offs from Machina Capital S.A.S. and River Road Asset Management LLC. Factoring risks at current prices, some insiders sold large portions of their holdings. Duke Energy's Q4 earnings surpassed estimates, contributing to revenue growth year on year. The organization's stock outperformed the S&P 500 and the utilities sector. BMO Capital increased its price target for Duke Energy on an outperform rating, while Zacks Research improved its earnings estimates. Other positive news included recognition of Duke Energy's economic development growth in Ohio and Kentucky, as well as collaborations with Amazon, Google, Microsoft and Nucor to boost clean energy options.
Duke Energy Corporation DUK News Analytics from Wed, 29 May 2024 07:00:00 GMT to Sun, 16 Mar 2025 00:07:54 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -1
