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DTE Energy price target raised to $147 from $139 at Guggenheim

DTE Energy price target raised to $147 from $139 at Guggenheim

Guggenheim analyst Shahriar Pourreza raised the firm’s price target on DTE Energy (DTE) to $147 from $139 and keeps a Buy rating on the shares. Management provided “very strong” messaging, with confidence around the plan and trajectory to reach the top end of EPS guidance, the analyst tells investors in a research note. The firm continues to see accelerating growth, some of which will be buoyed by bill headroom improvements from datacenter deals in the near-term.

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