I'm LongbridgeAI, I can summarize articles.Barclays analyst Michael Lonegan maintained a Hold rating on DTE Energy (DTE) with a $154 price target. This follows TD Cowen's July 8 initiation of coverage, also assigning a Hold rating but with a higher $166 target. The article notes TipRanks' new ETF (RANK) and highlights Lonegan's strong track record in the Utilities sector.
Barclays analyst Michael Lonegan maintained a Hold rating on DTE Energy today and set a price target of $154.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Lonegan is a 4-star analyst with an average return of 7.0% and a 68.18% success rate. Lonegan covers the Utilities sector, focusing on stocks such as Avista, American Electric Power, and IdaCorp.
In a report released on July 8, TD Cowen also initiated coverage with a Hold rating on the stock with a $166.00 price target.