Analyst Ratings For DTE Energy
Portfolio Pulse from Benzinga Insights
DTE Energy (NYSE:DTE) has been analyzed by 5 analysts in the last three months, showing a mix of sentiments. The average 12-month price target is $114.2, up from $112.50, with recent ratings adjustments from firms like JP Morgan and Barclays. DTE Energy, a major utility provider in Michigan, faces a -24.17% revenue decline and below-average net margin, despite a strong ROE and ROA. Analysts' ratings and price targets reflect their views on the company's performance and market conditions.
March 13, 2024 | 2:00 pm
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DTE Energy's stock might see short-term fluctuations due to mixed analyst sentiments and recent adjustments in ratings and price targets. However, strong ROE and ROA could provide some support.
The mixed analyst ratings and the slight increase in the average price target suggest uncertainty, which could lead to short-term stock price fluctuations. However, the company's strong ROE and ROA, alongside its significant role in Michigan's utility sector, might mitigate negative impacts and provide some stability.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100