Duke Energy price target raised to $135 from $132 at Guggenheim

Guggenheim raised the firm’s price target on Duke Energy (DUK) to $135 from $132 and keeps a Buy rating on the shares. The firm’s recent meetings with members of the C-suite reinforced a “constructive view,” the analyst tells investors. Duke management remains “laser-focused” on improving the balance sheet and credit metrics in the near-term and mentioned the possibility of providing a more granular FFO/debt target range beyond 2025, the analyst noted.