BMO Capital Maintains Outperform on Dominion Energy, Lowers Price Target to $54
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker has maintained an 'Outperform' rating on Dominion Energy (NYSE:D) but lowered the price target from $61 to $54.
August 07, 2023 | 12:31 pm
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Dominion Energy's price target has been lowered from $61 to $54 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the short-term value of Dominion Energy's stock. However, the maintained 'Outperform' rating suggests that the stock is still expected to outperform the market or its sector, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100