Morgan Stanley raised its price target on Duke Energy from $132 to $136 while maintaining an Equal Weight rating. The adjustment came as part of the firm's monthly review of North American regulated and diversified utilities, noting the sector fell 5.5% in May against a 5.1% gain for the S&P 500. Duke Energy reaffirmed its 2026 earnings per share guidance of $6.55 to $6.80 and its long-term target of 5% to 7% annual EPS growth through 2030.
Duke Energy CorporationMorgan Stanley raised price target from $132 to $136, a positive analyst valuation call.
Morgan Stanley