02-07-2025
Analysts Offer Insights on Utilities Companies: Duke Energy (DUK) and Aris Water Solutions (ARIS)
There's a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Duke Energy (DUK – Research Report) and Aris Water Solutions (ARIS – Research Report) with bullish sentiments.
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Duke Energy (DUK)
In a report released today, Nicholas Campanella from Barclays maintained a Buy rating on Duke Energy, with a price target of $122.00. The company's shares closed last Monday at $118.00, close to its 52-week high of $121.47.
According to Campanella is a 5-star analyst with an average return of 9.4% and a 62.9% success rate. Campanella covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duke Energy with a $131.38 average price target, implying a 12.7% upside from current levels. In a report issued on June 25, Goldman Sachs also upgraded the stock to Buy with a $132.00 price target.
Aris Water Solutions (ARIS)
In a report released yesterday, Spiro M. Dounis from Citi upgraded Aris Water Solutions to Buy. The company's shares closed last Monday at $23.65.
According to Dounis is a 4-star analyst with an average return of 8.0% and a 63.2% success rate. Dounis covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'>
Currently, the analyst consensus on Aris Water Solutions is a Strong Buy with an average price target of $28.60.