Morgan Stanley Maintains Overweight on DTE Energy, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on DTE Energy (NYSE:DTE) and lowers the price target from $123 to $120.
June 23, 2023 | 1:25 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on DTE Energy and lowers the price target from $123 to $120.
Morgan Stanley's lowered price target on DTE Energy may cause short-term uncertainty, but the maintained Overweight rating suggests a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100