5 Best Low Volatility Blue Chip Stocks to Buy Now

4. Duke Energy Corporation (NYSE:DUK)

Beta Value (5Y Monthly): 0.45

On April 7, Duke Energy had its price target recommendation on Duke Energy Corporation (NYSE:DUK) to $143 from $127. The firm maintained an Overweight rating as it updated its outlook for the North America power and utilities group ahead of Q1.

A couple of weeks earlier, on March 23, Morgan Stanley also lifted its price target on Duke Energy to $142 from $139, while keeping an Equal Weight rating. The firm said it was revising targets across regulated and diversified utilities and independent power producers in North America. The analyst noted that utilities outperformed the S&P 500 in February. Conversations across the sector have been constructive, with companies pointing to growth opportunities. There is also some optimism around load growth and new deals tied to data centers.

Duke Energy Corporation (NYSE:DUK) operates as an energy holding company. Its business is organized across two segments: Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure.