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Analysts Offer Insights on Utilities Companies: DTE Energy (DTE) and Xcel Energy (XEL)
Two analysts from Truist Financial and UBS maintained Buy ratings on DTE Energy and Xcel Energy, respectively, highlighting optimistic outlooks for these utilities companies. DTE Energy received a consensus price target implying a 6.5% upside, while Xcel Energy’s average price target suggests an 11.7% upside, with both companies garnering positive analyst sentiment. The article includes specific price targets, analyst success rates, and outlines recent financial updates for DTE Energy.