Wunderlich Maintains Hold on DTE Energy

Wunderlich is out with its report today on DTE Energy DTE, maintaining Hold. In a note to clients, Wunderlich writes, "Management expects to give additional details on its reduced emissions fuel strategy this fall. In the meantime, we would argue the stock already anticipates a constructive rate order. We continue to like DTE's regulated growth strategy, but would wait for a more attractive entry point to get involved in the stock." Wunderlich maintains a $52 PT on DTE. Shares of DTE closed Thursday at $50.88.