BMO Capital Downgrades Dominion Energy to Market Perform, Announces $49 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker downgraded Dominion Energy (NYSE:D) from Outperform to Market Perform and set a $49 price target.
March 11, 2024 | 8:39 am
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Dominion Energy was downgraded by BMO Capital from Outperform to Market Perform with a $49 price target.
The downgrade from Outperform to Market Perform by a major analyst like BMO Capital could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price. The setting of a specific price target provides a benchmark that might influence investor expectations and market performance of the stock.
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