Analysts Cut Duke Energy Price Targets to $115–$141 Following Valuation Update
BTIG lowered its Duke Energy price target from $150 to $141 while maintaining a Buy rating, forecasting cautious investor sentiment ahead of 2025 earnings calls. RBC Capital trimmed its target from $143 to $140 with a Sector Perform rating and Wells Fargo cut its target from $126 to $115, updating valuation through 2028.
1. BTIG Lowers Price Target
BTIG trimmed Duke Energy’s price target from $150 to $141 while reaffirming a Buy rating, citing cautious investor sentiment ahead of anticipated 2025 utility sector earnings calls.
2. RBC Capital Target Revision
RBC Capital reduced its price target on Duke Energy from $143 to $140 and maintained a Sector Perform rating, noting off-cycle capital plan updates among utilities over the past 18 months.
3. Wells Fargo Valuation Roll-Forward
Wells Fargo cut its Duke Energy price target from $126 to $115, kept an Equal Weight rating, and extended its valuation outlook through 2028 after assessing the company’s premium trading status relative to prior discounted valuations.