Mizuho lowered the firm’s price target on DTE Energy to $106 from $121 and keeps a Buy rating on the shares. Following an extremely challenging first nine months of 2023, DTE cut its 2023 earnings guidance midpoint to $5.75 from $6.25, the analyst tells investors in a research note. However, the firm continues to believe DTE remains a fundamentally sound business well positioned for growth in the coming years.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DTE:
- DTE Energy price target lowered to $110 from $133 at Wells Fargo
- DTE Energy lowers 2023 operating EPS view $5.65-$5.85 from $6.09-$6.40
- DTE Energy reports Q3 operating EPS $1.44, consensus $1.86
- DTE Energy reports third quarter earnings and accomplishments
- DTE Energy names Akins to board of directors
