BMO Capital Markets raises PT on DTE Energy

DTE Energy

21/04/2025 13:53

** BMO Capital Markets raises price target on utility DTE Energy DTE.N to $142 from $135

** New price target represents a 6.3% upside to the stock's last close

** Brokerage does not expect DTE to signal any changes to its current financial outlook

** Expects a "quiet quarter" with focus on DTE's upcoming electric rate case

** 12 of 21 brokerages rate the stock "buy" or higher, 9 "hold"; median PT is $142 - data compiled by LSEG

** Up till last close, stock was up 10.3% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))