Duke Energy (DUK +1.2%) is upgraded to Buy from Hold at Deutsche Bank, which views DUK as the...


Duke Energy (DUK +1.2%) is upgraded to Buy from Hold at Deutsche Bank, which views DUK as the best value of large-cap regulated utilities - where the firm sees above-average growth and below-average regulatory risk at a fair price, ideally with catalysts. DUK also would benefit in the event of a favorable tax rate outcome, the firm adds.

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Comments (2)
  • MexCom
    , contributor
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    Refreshing to see an upgrade. This could be a good indication that the bottom has already been seen.
    18 Dec 2012, 04:17 PM Reply Like
  • Rousseau SC
    , contributor
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    An upgrade in the nation's largest utility company might be a flight to safety and dividends. I own Duke precisely for those reasons. Or it could be seen as an expectation of more demand for energy. That would be a more positive perspective ofr the general economy.
    18 Dec 2012, 04:38 PM Reply Like
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