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Notable Mergers and Acquisitions 9/27: (BSX)/(GI) (MPW) (DTE) (SXL)

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UBS Raises Price Target on DTE Energy (DTE) to $112; Reiterates Buy

September 29, 2016 7:42 AM EDT

UBS reiterated a Buy rating on DTE Energy (NYSE: DTE), and raised the price target to $112.00 (from $108.00), following announce public offering.

Analyst Julien Dumoulin-Smith commented, "Providing limited EPS benefits through 2019 despite employing equity units, which limits the near-term dilutive impact, the deal... More