Wall Street Analysts Are Bullish on Top Utilities Picks
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on DTE Energy (DTE – Research Report) and Enlight Renewable Energy (ENLT – Research Report) with bullish sentiments.
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DTE Energy (DTE)
Citi analyst Ryan Levine maintained a Buy rating on DTE Energy today and set a price target of $158.00. The company’s shares closed last Friday at $135.77, close to its 52-week high of $138.22.
According to TipRanks.com, Levine is a 4-star analyst with an average return of
DTE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $151.13, representing a 10.6% upside. In a report issued on November 20, Morgan Stanley also maintained a Buy rating on the stock with a $144.00 price target.
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Enlight Renewable Energy (ENLT)
In a report released today, Jon Windham from UBS initiated coverage with a Buy rating on Enlight Renewable Energy and a price target of $47.00. The company’s shares closed last Friday at $35.60.
According to TipRanks.com, Windham is a 4-star analyst with an average return of
Enlight Renewable Energy has an analyst consensus of Hold, with a price target consensus of $35.60, which is a 2.6% upside from current levels. In a report issued on November 13, Roth MKM also maintained a Buy rating on the stock with a $45.00 price target.
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