Morgan Stanley Reduces PT on DTE Energy Company (DTE) Stock

DTE Energy Company (NYSE:DTE) is one of the Best WallStreetBets Stocks to Invest In. On September 25, Morgan Stanley reduced the price target on the company’s stock to $137 from $140, while keeping an “Overweight” rating, as reported by The Fly. As per the analyst, the firm has been updating its price targets for Regulated and Diversified Utilities / IPPs in North America under its coverage. DTE Energy Company (NYSE:DTE) highlighted that it invested $1.8 billion in H1 2025 to improve electric infrastructure and reliability for customers. The investment forms part of the company’s work to build the grid of the future by transitioning to a smarter grid, updating existing infrastructure, rebuilding significant portions of the electric grid, and extensively trimming trees.

As Michigan’s largest producer of and investor in renewable energy, DTE Energy Company (NYSE:DTE) started construction of Cold Creek Solar Park, which is a 100-megawatt solar array located near Coldwater, MI, in April. Furthermore, DTE Energy Company (NYSE:DTE) also started operations of the 80-megawatt Pine River Solar Park, which is located in mid-Michigan’s Pine River Township.

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Disclosure: None. This article is originally published at Insider Monkey.