Morgan Stanley Maintains Overweight on DTE Energy, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on DTE Energy (NYSE:DTE) and increased the price target from $108 to $109.
March 21, 2024 | 4:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on DTE Energy and raised the price target from $108 to $109.
The increase in the price target by a reputable analyst like Stephen Byrd at Morgan Stanley suggests a positive outlook on DTE Energy's stock. This endorsement is likely to instill confidence in investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100