DTE Energy (DTE) Misses Q4 EPS by 2c

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DTE Energy (DTE) PT Raised to $113 at Credit Suisse

February 11, 2019 7:58 AM EST

Credit Suisse analyst Michael Weinstein raised the price target on DTE Energy (NYSE: DTE) to $113.00 (from $110.00) while maintaining a Underperform rating.

Weinstein notes the company maintained 2019 guidance of $6.15 ($5.97-$6.33) and reiterated EPS CAGR of 5-7% through 2023 with 7% dividend growth through 2020. The firm raised the target give higher peer 2020 P/Es.

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