Mizuho analyst Anthony Crowdell raised the firm’s price target on DTE Energy to $121 from $119 and keeps a Buy rating on the shares. The company was able to reach a settlement in its integrated resource plan in Michigan, which is another encouraging development for the state of regulation, which investors had concerns about, the analyst tells investors in a research note.
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Read More on DTE:
- DTE Energy and Michigan stakeholders reach historic clean energy settlement agreement
- DTE Energy, Michigan stakeholders reach clean energy settlement agreement
- DTE Energy price target raised to $121 from $120 at JPMorgan
- DTE Energy price target lowered to $120 from $127 at Guggenheim
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