Ladenburg raises DTE Energy stock price target on Google deal
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Iran latest: IRGC warns of years-long oil, gas disruption if US crosses red lines Trump’s Iran threat looms large; Broadcom’s Google deal - what’s moving markets Oil hovers below $110 with Trump’s Hormuz deadline edging closer IEA chief says Hormuz blockade worst energy crisis in history (South Africa Philippines Nigeria) Ladenburg raises DTE Energy stock price target on Google deal By Analyst Ratings Published 04/07/2026, 07:23 AM Ladenburg raises DTE Energy stock price target on Google deal 0 DTE -0.25% Investing.com - Ladenburg Thalmann raised its price target on DTE Energy stock (NYSE:DTE) to $165.50 from $141.50 on Monday while maintaining a Buy rating. The stock currently trades at $147.67, giving the utility a market capitalization of $30.72 billion. The firm cited DTE’s Primary Supply Agreement with Google to provide electricity for a planned 1 gigawatt data center. Under the agreement, DTE will deploy up to 480 megawatts of battery storage and 1,600 megawatts of solar generation to support electric service to the project at Google’s cost.The agreement comes as DTE shares have delivered a strong 15.39% year-to-date return. According to InvestingPro analysis, the company has maintained dividend payments for 56 consecutive years, currently offering a 3.16% yield. For deeper insights into DTE’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities. Ladenburg Thalmann increased its earnings per share estimates for DTE Energy to reflect an update of its forecast for 2025 actual results. The firm also factored in expected accretion from the company’s recent announcement. Google shares were trading at $299.99. Ladenburg Thalmann does not rate Google stock. DTE Energy is a Detroit-based utility company serving customers in Michigan. In other recent news, DTE Energy has announced significant developments involving a partnersh...
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