Guggenheim raised the firm’s price target on DTE Energy (DTE) to $139 from $135 and keeps a Buy rating on the shares. DTE reported “a strong beat” in Q4 EPS despite another below average quarter for weather, the analyst tells investors. From a long-term growth perspective, management commentary confirms that strength is driven by regulated investments and includes the sunsetting of the 45Z credit, the analyst added.
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