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Analysts Conflicted on These Utilities Names: DTE Energy (DTE) and Edison International (EIX)

Tipranks - Thu Apr 9, 4:02AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on DTE Energy (DTE) and Edison International (EIX).

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DTE Energy (DTE)

Barclays analyst Michael Lonegan maintained a Hold rating on DTE Energy yesterday and set a price target of $156.00. The company’s shares closed last Tuesday at $148.27.

According to TipRanks.com, Lonegan is a 4-star analyst with an average return of 8.4% and a 67.9% success rate. Lonegan covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, American Electric Power, and Hawaiian Electric. ;'>

Currently, the analyst consensus on DTE Energy is a Moderate Buy with an average price target of $156.80, a 6.1% upside from current levels. In a report issued on March 24, TipRanks – xAI also downgraded the stock to Hold with a $151.00 price target.

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Edison International (EIX)

In a report released yesterday, Nicholas Campanella from Barclays maintained a Buy rating on Edison International, with a price target of $78.00. The company’s shares closed last Tuesday at $72.61.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.3% and a 70.2% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Currently, the analyst consensus on Edison International is a Hold with an average price target of $72.36.

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