BMO Capital lowered the firm’s price target on DTE Energy (DTE) to $148 from $157 and keeps a Market Perform rating on the shares. DTE currently trades a full multiple point below their historical premium average, but the firm expects shares to trade in a narrow band in the near term pending the continued execution against the company’s full-year guidance and continued regulatory execution with constructive outcomes in its upcoming electric rate case, the analyst tells investors in a research note.
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