There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on DTE Energy (DTE – Research Report) and Northwestern (NWE – Research Report) with bullish sentiments.
DTE Energy (DTE)
Bank of America Securities analyst Paul Cole reiterated a Buy rating on DTE Energy today and set a price target of $121.00. The company’s shares closed last Friday at $109.52.
According to TipRanks.com, Cole is a 2-star analyst with an average return of
DTE Energy has an analyst consensus of Strong Buy, with a price target consensus of $119.00, a 6.9% upside from current levels. In a report issued on April 15, Barclays also maintained a Buy rating on the stock with a $115.00 price target.
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Northwestern (NWE)
Wells Fargo analyst Jonathan Reeder maintained a Buy rating on Northwestern yesterday and set a price target of $54.00. The company’s shares closed last Friday at $49.55.
According to TipRanks.com, Reeder is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Northwestern with a $52.00 average price target.
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Read More on DTE:
- DTE Energy price target raised to $125 from $117 at Wells Fargo
- DTE Energy participates in a conference call with JPMorgan
- DTE Energy Outlines 2024 Earnings Guidance, Cites Exclusions
- DTE Energy reports first quarter earnings and accomplishments
- DTE Energy sees FY24 operating EPS $6.54-$6.83, consensus $6.69
