B of A Securities Maintains Underperform on Dominion Energy, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains an Underperform rating on Dominion Energy (NYSE:D) and raises the price target from $40 to $43.

April 23, 2024 | 4:06 pm
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Dominion Energy's price target was raised from $40 to $43 by B of A Securities, although the Underperform rating was maintained.
The increase in price target suggests a slightly more positive outlook on the stock's value from B of A Securities, yet the maintenance of an Underperform rating indicates ongoing concerns about the company's performance relative to the market or sector. This mixed signal could lead to neutral short-term price movement as investors weigh the improved price target against the continued cautious stance.
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