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Benzinga
Benzinga
Business
Priya Nigam

BofA Upgrades DTE Energy After Beat, Says Company Has Among Best Earnings Growth In Sector

DTE DTE Energy BofA Securities NYSE

DTE Energy Co (NYSE:DTE) reported its fiscal 2021 results ahead of expectations, raised its 2022 earnings guidance range and provided a “strong affirmation of the long-term growth trajectory,” according to BofA Securities.

The DTE Energy Analyst: Julien Dumoulin-Smith upgraded the rating for DTE Energy from Underperform to Buy, while raising the price target from $111 to $127.

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