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DUK

Duke Energy

$76.57

-0.52 (-0.67%)

17:46
10/07/16
10/07
17:46
10/07/16
17:46

Duke Energy Florida says 162,800 customers in Florida without power

Duke Energy Florida has damage assessments and restoration efforts underway in the heaviest hit parts of its service area as Hurricane Matthew slowly exits the state. Restorations are largely complete in Polk, Highlands and Hardee counties. As of 3 p.m., 162,800 customers, mostly in Orange, Seminole, Volusia and Lake counties were still without power. More than 38,000 customers in the state have already been restored. However, the company anticipates more outages will be reported as outer bands of the storm continue to bring heavy wind and rain to the Duke Energy service territory. Crews in Central Florida, where communities saw the heaviest rains and 100-mile-an-hour-plus winds, are making restorations, but in a few areas, efforts are being hampered by the continuing hazardous weather conditions. More than 2,200 line and vegetation personnel are on the ground and an additional 170 Duke Energy crews will be arriving from the Midwest.

  • 04

    Nov

  • 07

    Nov

DUK Duke Energy
$76.57

-0.52 (-0.67%)

02/19/16
02/19/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. Best Buy (BBY) downgraded to Neutral at Goldman by analyst Matthew Frassler, who said that the strength in TV sales will be offset by a "sluggish" wireless market. 2. UPL Petroleum (UPL) double downgraded to Sell at KLR Group by analyst John Gerdes, who said the company's debt capitalization is no longer viable. 3. Trinity Industries (TRN) downgraded to Underweight at BB&T by analyst Thomas Albrecht, who expects a decline at the company's earnings outlook. Albrecht estimates tangible book value at $19.35 could attract some value investors, but does not see any catalysts to change the earnings outlook. 4. EP Energy (EPE) downgraded to Hold and Neutral at Topeka and UBS, respectively, with analysts citing balance sheet concerns and mixed Q4 results. Topeka analyst Gabriele Sorbara added that she does not see any near-term catalysts for an improvement in its leverage or outspend position as management may have missed its opportunity to sell/JV assets or issue equity. 5. Duke Energy (DUK) downgraded to Neutral at JPMorgan by analyst Christopher Turnure, who cited the company's "disappointing" core business outlook. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/19/16
WOLF
02/19/16
DOWNGRADE
WOLF
Underperform
Duke Energy downgraded to Underperform from Peer Perform at Wolfe Research
02/22/16
UBSW
02/22/16
NO CHANGE
Target $82
UBSW
Buy
Duke Energy price target raised to $82 from $76 at UBS
UBS raised its price target on Duke Energy to $82 from $76 citing the planned sale of its Latin American assets as well as accretion from the acquisition of Piedmont and a higher multiple than peers due to a lower risk profile. UBS reiterated its Buy rating on Duke Energy shares.
04/06/16
ARGS
04/06/16
DOWNGRADE
ARGS
Hold
Duke Energy downgraded to Hold from Buy at Argus
Argus downgraded Duke Energy to Hold based primarily on valuation.

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