The US utility sector of the stock market is performing well, DTE Energy Company (DTE.US) received a target price increase to $140 from Morgan Stanley.

Morgan Stanley analyst David Arcaro has raised the target price of DTE Energy Company (DTE.US) from $138 to $140, while maintaining a "hold" rating. The firm is updating the target prices of North American regulated and diversified utility/independent power sector stocks, emphasizing that these utility companies have outperformed the S&P index in July. It is worth noting that the firm believes that nuclear energy has long-term advantages, but the market has not fully recognized this at present. DTE Energy Company has invested over $1.8 billion in its utility division in the first half of 2025, and plans to continue investing $4.4 billion this year, focusing on enhancing the safety and reliability of its electricity and natural gas infrastructure, as well as upgrading its power plants. Since 2023, due to continued investments in the grid, process improvements, and decreased severe weather, DTE Energy has reduced its outage time by 75%. The ongoing progress in 2025 gives the company confidence to achieve its goals by 2029, which include a 30% reduction in outage time and a 50% decrease in customer outage time. As of Monday's closing on the US stock market, DTE Energy Company fell 1.36% to $134.74. The stock has risen 13.4% year-to-date, outperforming the S&P 500 index.