Duke Energy Corporation (DUK): Price Target and June Short Interest Disclosure

Duke Energy Corporation (DUK) : Average target price received by Duke Energy Corporation (DUK) is $80.7 with an expected standard deviation of $5.25. The most aggressive target on the stock is $88, whereas the most downbeat target is $74. 10 financial analysts are currently covering the stock.

Duke Energy Corporation (DUK), A rise of 1,799,255 shares or 9.8% was seen in the short interest of Duke Energy Corp. Even as the interest increased from 18,332,088 shares on June 15,2016 to 20,131,343 shares on June 30,2016, the days to cover came in at 6. The updated interest stood at 2.9% of the stocks floats. The stock has seen an average daily volume of 3,624,502 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Argus Research downgrades their rating on the shares of Duke Energy Corporation (NYSE:DUK). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 6, 2016.


Duke Energy Corporation (NYSE:DUK): On Thursdays trading session , Opening price of the stock was $84.45 with an intraday high of $84.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $84.2. However, the stock managed to close at $84.75, a loss of 0.35% for the day. On the previous day, the stock had closed at $85.05. The total traded volume of the day was 2,990,594 shares.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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