DTE Energy price target raised to $125 from $117 at Wells Fargo

Wells Fargo raised the firm’s price target on DTE Energy to $125 from $117 and keeps an Overweight rating on the shares. After a rare miss in 2023, things appear back to normal in 2024, the analyst tells investors in a research note. DTE’s core plan includes robust reliability and the energy transition investment, and Wells says longer-term upside is possible from load growth.