Jefferies lowers Duke Energy target to $121 from $129

On Oct. 12, Jefferies maintained Hold and cut its target to $121 from $129. It did not expect Duke to raise its 5–7% annual adjusted EPS growth outlook on Nov. 5; it anticipated 2026 guidance’s low end could rise to $6.70 from $6.55, with the high end unchanged at $6.80. Article cited DUK at $116.65, near its $112.40 52-week low.