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Morgan Stanley Sticks to Their Buy Rating for DTE Energy (DTE)

Tipranks - Sat Feb 21, 7:48AM CST

In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on DTE Energy, with a price target of $153.00.

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According to TipRanks, Arcaro is a 5-star analyst with an average return of 14.0% and a 65.20% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Vistra Corp, Pinnacle West Capital, and PG&E.

In addition to Morgan Stanley, DTE Energy also received a Buy from TipRanks – xAI’s xAi Regulated Electric in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on DTE Energy (NYSE: DTE).

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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