Duke Energy Corporation
(NYSE:DUK)
Balfour Capital Group has issued a buy recommendation
for Duke Energy Corporation (DUK) on August 14th, 2024
Duke Energy Corporation is one of the largest energy holding companies in the United States. Headquartered in Charlotte, North Carolina, the company operates through three main segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. Duke Energy supplies and delivers electricity to approximately 7.9 million customers across six states and natural gas to 1.6 million customers in five states. The company is committed to transitioning to cleaner energy sources, with significant investments in renewable energy and grid modernization.
Post Recommendation Price Trend Chart
- We have established a Buy recommendation at $113.46 on August 14th, 2024.
- Our designated price target stands at $155.00
Analysts Research
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Balfour Capital Group wants to clarify that our recommendation to Buy Duke Energy Corporation (NYSE:DUK)Â is based on thorough research conducted by our dedicated teams.
We invest significant time and resources in analyzing market trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee any specific financial outcomes. The decision to act on our recommendation should be made at your discretion. Please be aware that investments carry inherent risks, and the value of investments can fluctuate, potentially resulting in financial loss.
*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*