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Bank of America Securities Reaffirms Their Hold Rating on Dominion Energy (D)

Tipranks - Tipranks - Sat Apr 4, 5:54AM CDT

Bank of America Securities analyst Ross Fowler maintained a Hold rating on Dominion Energy yesterday and set a price target of $63.00. The company’s shares closed yesterday at $62.77.

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Fowler covers the Utilities sector, focusing on stocks such as Eversource Energy, Vistra Corp, and Black Hills. According to TipRanks, Fowler has an average return of 7.6% and a 67.76% success rate on recommended stocks.

Dominion Energy has an analyst consensus of Hold, with a price target consensus of $66.18.

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Based on Dominion Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.09 billion and a net profit of $586 million. In comparison, last year the company earned a revenue of $3.4 billion and had a GAAP net loss of $76 million

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