BMO Capital analyst James Thalacker raised the firm’s price target on Dominion to $57 from $53 and keeps a Market Perform rating on the shares. The company delivered solid Q2 results and offered positive updates as its management continues to deliver against its March Analyst Day plan, but at its current valuation, additional multiple rerating in the stock could be longer dated, the analyst tells investors in a research note.
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Read More on D:
- Dominion Energy Announces Second-Quarter 2024 Earnings
- Dominion reaffirms FY24 operating EPS view $2.62-$2.87, consensus $2.79
- Dominion backs FY25 operating EPS view $3.25-$3.54, consensus $3.39
- Dominion reports Q2 operating EPS 65c, consensus 56c
- Dominion Energy Declares Quarterly Dividend of 66.75 Cents
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