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Analysts Offer Insights on Utilities Companies: Oklo Inc (OKLO) and DTE Energy (DTE)

Tipranks - Tipranks - Fri Apr 24, 4:42AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Oklo Inc (OKLO) and DTE Energy (DTE) with bullish sentiments.

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Oklo Inc (OKLO)

HSBC analyst Samantha Hoh initiated coverage with a Buy rating on Oklo Inc yesterday and set a price target of $96.00. The company’s shares closed last Wednesday at $72.41.

According to TipRanks.com, Hoh is ranked #4847 out of 12212 analysts.

Oklo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $91.05.

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DTE Energy (DTE)

In a report released yesterday, Ross Fowler from Bank of America Securities reiterated a Buy rating on DTE Energy, with a price target of $162.00. The company’s shares closed last Wednesday at $143.57.

According to TipRanks.com, Fowler is a 4-star analyst with an average return of 6.8% and a 63.5% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Currently, the analyst consensus on DTE Energy is a Moderate Buy with an average price target of $160.09, a 10.8% upside from current levels. In a report issued on April 21, Wells Fargo also maintained a Buy rating on the stock with a $160.00 price target.

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