Argus Downgrades Duke Energy (DUK) to Hold

Argus downgraded Duke Energy (NYSE: DUK) from Buy to Hold on valuation.

DUK prices are now less than 10% away from the firm's former target price of $86.

They are lowering 2017 EPS estimate to $4.80 from $4.85.

For an analyst ratings summary and ratings history on Duke Energy click here. For more ratings news on Duke Energy click here.

Shares of Duke Energy closed at $79.90 yesterday.

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