DTE Energy price target raised by $3 at BMO Capital, here’s why

BMO Capital raised the firm’s price target on DTE Energy to $114 from $111 and keeps a Market Perform rating on the shares. The firm is updating its model and raising its FY24 EPS view by 6c to $6.66 after the company initiated its 2024 EPS guidance range, rolled forward its five-year capital plan, and updated its three-year financing plan.