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Dte Energy Company (DTE) [hlAlert]

Rating:
Buy DTE
up 11.82 %

Dte Energy Company (DTE) upgraded to Buy by Argus

Posted on: Monday,  Jul 29, 2013  3:25 PM ET by Argus

Argus rated Buy Dte Energy Company (NYSE: DTE) on 07/29/2013, when the stock price was $70.62. Since
then, Dte Energy Company has gained 11.82% as of 01/13/2016's recent price of $78.97.
If you would have followed this Argus's recommendation on DTE, you would have gained 11.82% of your investment in 898 days.

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Company's principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2013 3:25 PM Buy
None
70.62
as of 12/13/2013
1 Week down  -3.32 %
1 Month down  -4.10 %
3 Months down  -0.69 %
1 YTD down  -7.44 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2012 8:29 AM Hold
None
60.33
2/24/2009 8:25 AM Buy
None
28.28 37.00
12/23/2008 8:25 AM Buy
None
35.14 43.00

(*) Stock Price at the time of the recommendation.
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