Duke Energy profit rises on strong demand, low fuel costs
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UBS Cuts Price Target on Duke Energy (DUK) Following Updated Guidance
November 9, 2015 11:21 AM ESTUBS maintained a Neutral rating on Duke Energy (NYSE: DUK), and cut the price target to $71.00 (from $74.00), following the company's updated 2015 and 2016 guidance. Guidance for 2015 was reduced from $4.55-$4.75 to $4.55-$4.65, now below prior consensus by a nickel. For 2016, management now expects only the remaining core regulated and commercial businesses to grow 4%-6% into 2016... More
