Scotiabank Maintains Sector Outperform on Dominion Energy, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has maintained a 'Sector Outperform' rating on Dominion Energy (NYSE:D) but lowered the price target from $68 to $60.

September 11, 2023 | 2:15 pm
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NEUTRAL IMPACT
Dominion Energy's price target has been lowered from $68 to $60 by Scotiabank, though the 'Sector Outperform' rating is maintained.
The news directly pertains to Dominion Energy as the company's price target has been lowered by Scotiabank. However, the 'Sector Outperform' rating is maintained, indicating that the analyst still expects the company to outperform its sector. This could have a neutral impact on the stock as the lower price target might discourage some investors, but the maintained rating could also provide reassurance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100