Fintel reports that on December 3, 2024, UBS upgraded their outlook for DTE Energy Company - Corporate Bond (NYSE:DTG) from Neutral to Buy.
Analyst Price Forecast Suggests 14.71% Upside
As of November 21, 2024, the average one-year price target for DTE Energy Company - Corporate Bond is $22.06/share. The forecasts range from a low of $19.92 to a high of $24.07. The average price target represents an increase of 14.71% from its latest reported closing price of $19.23 / 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 31.11%. The projected annual non-GAAP EPS is 6.76.
What is the Fund Sentiment?
There are 18 funds or institutions reporting positions in DTE Energy Company - Corporate Bond. This is an increase of 1 owner(s) or 5.88% in the last quarter. Average portfolio weight of all funds dedicated to DTG is 0.14%, an increase of 3.22%. Total shares owned by institutions increased in the last three months by 0.09% to 2,981K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 1,078K shares. In its prior filing, the firm reported owning 1,131K shares , representing a decrease of 4.90%. The firm decreased its portfolio allocation in DTG by 6.04% over the last quarter.
PFXF - VanEck Vectors Preferred Securities ex Financials ETF holds 455K shares. In its prior filing, the firm reported owning 402K shares , representing an increase of 11.60%. The firm increased its portfolio allocation in DTG by 4.20% over the last quarter.
PGX - Invesco Preferred ETF holds 450K shares. In its prior filing, the firm reported owning 462K shares , representing a decrease of 2.59%. The firm decreased its portfolio allocation in DTG by 2.91% over the last quarter.
PNARX - Spectrum Preferred and Capital Securities Income Fund (f holds 247K shares. No change in the last quarter.
PFFD - Global X U.S. Preferred ETF holds 219K shares. In its prior filing, the firm reported owning 217K shares , representing an increase of 0.70%. The firm decreased its portfolio allocation in DTG by 0.77% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
