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.

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

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.

While we acknowledge the potential of DTE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DTE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

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