BMO Capital lowered the firm’s price target on DTE Energy (DTE) to $148 from $151 and keeps a Market Perform rating on the shares. The company’s Proposal for Decision in its ongoing electric case represents a net positive, though the firm is adjusting its valuation with roll-forward in base year targets to 2028, the analyst tells investors in a research note.
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Read More on DTE:
- DTE Energy Establishes $1.5 Billion Equity Distribution Program
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- Michigan regulators favor approving DTE data center request, Bloomberg says
- DTE Energy price target lowered to $151 from $155 at UBS
- DTE Energy price target lowered to $138 from $144 at Morgan Stanley
