Scotiabank Maintains Sector Outperform on DTE Energy, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has maintained a Sector Outperform rating on DTE Energy and increased the price target from $120 to $137.
August 20, 2024 | 1:12 pm
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POSITIVE IMPACT
Scotiabank has reaffirmed its positive outlook on DTE Energy by maintaining a Sector Outperform rating and increasing the price target to $137, indicating confidence in the company's future performance.
The increase in price target from $120 to $137 by Scotiabank suggests a strong positive outlook for DTE Energy. The maintained Sector Outperform rating indicates that the analyst expects DTE to perform better than its peers, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100