DTE Energy Co. (DTE) Tops Q3 EPS by 23c

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DTE Energy Co. (DTE) Expects Energy Legislation to Pass by YE; UBS Reiterates Buy

October 27, 2015 8:40 AM EDT

UBS reiterated a Buy rating on DTE Energy (NYSE: DTE), and raised the price target to $96.00 (from $93.00), following the company's 3Q earnings results. DTE reported a very strong beat at $1.48 vs consensus of $1.25 on improved weather and a self-implemented rate increase. Guidance for 2015 remains unchanged at $4.65-$4.91 vs consensus... More