Fintel reports that on October 21, 2024, Jefferies initiated coverage of DTE Energy Company - Corporate Bond (NYSE:DTB) with a Hold recommendation.
Analyst Price Forecast Suggests 6.83% Upside
As of September 25, 2024, the average one-year price target for DTE Energy Company - Corporate Bond is $22.58/share. The forecasts range from a low of $20.89 to a high of $24.59. The average price target represents an increase of 6.83% from its latest reported closing price of $21.14 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for DTE Energy Company - Corporate Bond is 16,277MM, an increase of 31.30%. The projected annual non-GAAP EPS is 6.76.
What is the Fund Sentiment?
There are 12 funds or institutions reporting positions in DTE Energy Company - Corporate Bond. This is an decrease of 2 owner(s) or 14.29% in the last quarter. Average portfolio weight of all funds dedicated to DTB is 0.12%, an increase of 26.89%. Total shares owned by institutions decreased in the last three months by 9.08% to 1,648K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 943K shares. In its prior filing, the firm reported owning 895K shares , representing an increase of 5.11%. The firm increased its portfolio allocation in DTB by 3.21% over the last quarter.
PGX - Invesco Preferred ETF holds 348K shares. In its prior filing, the firm reported owning 357K shares , representing a decrease of 2.31%. The firm decreased its portfolio allocation in DTB by 4.19% over the last quarter.
NRIAX - Nuveen Real Asset Income Fund holds 145K shares. In its prior filing, the firm reported owning 152K shares , representing a decrease of 4.82%. The firm decreased its portfolio allocation in DTB by 6.57% over the last quarter.
FSDIX - Fidelity Strategic Dividend & Income Fund holds 100K shares. No change in the last quarter.
Nuveen Real Asset Income & Growth Fund holds 73K shares. No change in the last quarter.
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