Jefferies raised the firm’s price target on DTE Energy (DTE) to $170 from $153 and keeps a Buy rating on the shares. The firm notes DTE continues to deliver on data center opportunities with the most recent 1GW deal with Google (GOOGL). Two signed DC deals solidify Jefferies’ confidence in 8%-plus CAGR through 2030. Upside opportunities include 5-6GW pipeline, with about 2GW in late stages with a third deal potentially in the second half of 2026, the firm adds.
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