Dominion price target raised to $61 from $58 at Wells Fargo

Wells Fargo raised the firm’s price target on Dominion (D) to $61 from $58 and keeps an Equal Weight rating on the shares. The firm notes Dominion outperformed by about 150 bps as the company is at the intersection of multiple favorable industry trends. More to come with the year-end 2024 update, though management continues to prioritize discipline and predictability, Wells adds.