Duke Energy (DUK +1%) is upgraded to Buy from Neutral with a $70 target price, up from $65, at...

|About: Duke Energy Corporation (DUK)|By:, SA News Editor

Duke Energy (DUK +1%) is upgraded to Buy from Neutral with a $70 target price, up from $65, at UBS, which likes DUK's low regulatory risk, capital spending certainty and attractive 12.1% total return potential. The firm sees shares moving up ahead of the February analyst meeting and as investors focus on long-term fundamentals as regulatory clouds are calming.