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Duke Energy price target raised to $132 from $129 at Jefferies

Duke Energy price target raised to $132 from $129 at Jefferies

Jefferies raised the firm’s price target on Duke Energy (DUK) to $132 from $129 and keeps a Buy rating on the shares. Duke initiated 2025 guidance of $6.17-$6.42 and the resulting $6.30 midpoint represents 5.4% year-over-year growth versus 2024’s original guidance midpoint, the analyst tells investors. Management also revised guidance language, pointing to the upper half of its 5%-7% EPS compound annual growth rate, versus the top end previously, noted the analyst.

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