BMO Capital Maintains Market Perform on DTE Energy, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has maintained a 'Market Perform' rating on DTE Energy (NYSE:DTE) and increased the price target from $107 to $111.
December 04, 2023 | 1:45 pm
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POSITIVE IMPACT
BMO Capital analyst James Thalacker has reaffirmed DTE Energy's 'Market Perform' rating and raised the price target to $111.
The increase in price target by BMO Capital suggests a positive outlook on DTE Energy's stock, potentially leading to increased investor confidence and a short-term rise in stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target price implies a belief in the company's potential to offer some returns.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100