DTE Energy (DTE) Receives a Buy from Jefferies
In a report released yesterday, Julien Dumoulin Smith from Jefferies maintained a Buy rating on DTE Energy, with a price target of $153.00.
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Dumoulin Smith covers the Utilities sector, focusing on stocks such as NextEra Energy, Southern Co, and CMS Energy. According to TipRanks, Dumoulin Smith has an average return of 6.4% and a 57.54% success rate on recommended stocks.
In addition to Jefferies, DTE Energy also received a Buy from Mizuho Securities’s Anthony Crowdell in a report issued on January 26. However, on January 15, Barclays maintained a Hold rating on DTE Energy (NYSE: DTE).
Based on DTE Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.53 billion and a net profit of $418 million. In comparison, last year the company earned a revenue of $2.91 billion and had a net profit of $477 million
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- DTE Energy price target raised to $144 from $140 at Mizuho
- DTE Energy price target raised to $142 from $138 at Morgan Stanley
- DTE Energy price target lowered to $152 from $157 at Wells Fargo
- DTE Energy price target lowered to $141 from $148 at Barclays
- DTE Energy price target lowered to $148 from $151 at BMO Capital
