JP Morgan Maintains Neutral Rating for DTE Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Neutral rating for DTE Energy (NYSE:DTE) and lowered its price target from $127.00 to $120.00. DTE Energy's shares are trading up 0.31% at $109.71 per share.
June 06, 2023 | 5:01 pm
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NEUTRAL IMPACT
JP Morgan maintains Neutral rating for DTE Energy and lowers price target from $127 to $120. Shares are trading up 0.31% at $109.71.
JP Morgan's decision to maintain a Neutral rating for DTE Energy indicates that the stock is expected to perform in line with the market. The lowered price target from $127 to $120 suggests a slightly reduced growth potential, but the stock is still trading up 0.31% at $109.71. This news is directly related to DTE Energy and is important for investors, but the Neutral rating implies a short-term impact score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100