Guggenheim Maintains Buy on Dominion Energy, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has maintained a 'Buy' rating on Dominion Energy (NYSE:D) but lowered the price target from $60 to $56.

July 11, 2023 | 11:09 am
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Dominion Energy's price target has been lowered from $60 to $56 by Guggenheim, though the 'Buy' rating is maintained.
The lowering of the price target by Guggenheim could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100