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Duke Energy (DUK) gets a couple of downgrades - from Citi and Deutsche - following yesterday's...

  • Friday, March 1, 8:17 AM ET
    Duke Energy (DUK) gets a couple of downgrades - from Citi and Deutsche - following yesterday's investor day (transcript) in which Jim Rogers said regulatory uncertainty prevents the company from really knowing how much it will make this year. Not having a new CEO in place probably doesn't help either. Shares -0.7% premarket.
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  • This is just part of the game. Analysts downgrade and DUK beats analysts' estimates. Rate increases aren't all going to CAPEX - expect a dividend increase commensurate with return to capital allowed by regulators and a rate increase to come out for all of their regulated territories. Any decline would be a grand opportunity to add to positions.
    1 Mar, 09:24 AM Reply Like
  • I sold both DUK and PGN pre and post merger as the joint company seemed way overvalued based on their respective pre-merger separate values, plus Duk's puny distribution.

    I still think it's over priced. What do you think is a fair price at which to buy?
    22 Mar, 07:03 PM Reply Like
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