Morgan Stanley Maintains Overweight on DTE Energy, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on DTE Energy (NYSE:DTE) but lowers the price target from $126 to $123.
May 22, 2023 | 12:12 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on DTE Energy, but lowers the price target from $126 to $123.
The news of Morgan Stanley maintaining an Overweight rating on DTE Energy indicates a positive outlook for the company. However, the lowering of the price target from $126 to $123 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100