Seasonal consumption trends historically elevate summer earnings, offering short bursts in the "dte stock price forecast" towards upper resistance near $115. On December 3, UBS upgraded DTE Energy Company (NYSE:DTE) from Neutral to Buy, raising the price target to $143 from $129, citing a market mispricing of DTE’s strengths, particularly within Michigan’s regulatory environment. The firm emphasized the improving outlook for DTE's utility EPS, which makes up 86% of its business, driven by reduced regulatory risks and projected rate base growth, expected to exceed the current 8% due to strategic resource planning and delivery investments. We have seen 473 institutional investors add shares of $DTE stock to their portfolio, and 346 decrease their positions in their most recent quarter. Investor call transcripts indicate optimism, shaping the "dte stock price forecast" to a $112 median target for the next quarter. Management guidance supports modest growth expectations.
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