KeyCorp raises Q3 2024 EPS estimate for DTE Energy to $1.98, increasing price target to $138 after strong Q2 performance.

KeyCorp has raised its Q3 2024 earnings per share estimate for DTE Energy to $1.98 from $1.86, following DTE's strong Q2 performance of $1.43 EPS, exceeding forecasts. DTE's shares reached a 52-week high as KeyCorp increased its price target to $138. Analysts maintain a "Moderate Buy" rating with an average target of $130.54. The company, based in Detroit, operates various energy production facilities and has significant institutional ownership.

October 23, 2024
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