.July 15, 2024 09:01:00 AM

BMO Capital analysts raised DTE Energy’s price target to $123 from $120 with a Market Perform rating. Q2/024 estimate updated to $1.15, up from $0.99 last year. 16% year-over-year increase attributed to favorable weather, rate relief, and IRM contributions. Negatives include cost control program reversal and lower ET&M contribution. Investors to focus on regulatory proceedings and demand growth during July 25 call.