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DTE Energy (DTE) Gets a Buy from Jefferies

Tipranks - Tipranks - Mon Apr 13, 10:18AM CDT

Jefferies analyst Julien Dumoulin Smith reiterated a Buy rating on DTE Energy today and set a price target of $170.00.

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Dumoulin Smith covers the Utilities sector, focusing on stocks such as CMS Energy, DTE Energy, and Southwest Gas. According to TipRanks, Dumoulin Smith has an average return of 9.2% and a 62.90% success rate on recommended stocks.

Currently, the analyst consensus on DTE Energy is a Moderate Buy with an average price target of $158.50.

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Based on DTE Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.24 billion and a net profit of $372 million. In comparison, last year the company earned a revenue of $3.44 billion and had a net profit of $292 million

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