Guggenheim Downgrades DTE Energy to Neutral, Announces $111 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza downgraded DTE Energy (NYSE:DTE) from Buy to Neutral and set a price target of $111.
January 22, 2024 | 3:37 pm
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NEUTRAL IMPACT
DTE Energy was downgraded by Guggenheim from Buy to Neutral with a new price target of $111.
Downgrades typically lead to a negative perception among investors, potentially causing short-term price decline. However, the establishment of a price target above current levels may offset some negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100