Wells Fargo Upgrades Duke Energy: Here’s What You Need To Know – Duke Energy (NYSE:DUK)
Wells Fargo has recently upgraded its rating of Duke Energy (DUK) to Overweight with a price target of $103.00. This marks a change from the previous price target of $94.00. The stock of Duke Energy is currently trading up 0.9% over the last 24 hours, at $91.53 per share. If the stock reaches the new price target, it would represent a 12.53% increase from the current share price.
Duke Energy is one of the largest utilities in the United States, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky. The company delivers electricity to 8.2 million customers and serves more than 1.6 million customers with its natural gas utilities. Duke Energy has also agreed to sell its commercial renewable energy in mid-2023.
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