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Goldman Sachs Keeps Their Hold Rating on Dominion Energy (D)

Tipranks - Tipranks - Fri Apr 17, 4:22AM CDT

In a report released yesterday, Carly Davenport from Goldman Sachs maintained a Hold rating on Dominion Energy, with a price target of $67.00. The company’s shares closed yesterday at $62.38.

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According to TipRanks, Davenport is a 3-star analyst with an average return of 5.5% and a 62.69% success rate. Davenport covers the Utilities sector, focusing on stocks such as Duke Energy, NextEra Energy, and Eversource Energy.

In addition to Goldman Sachs, Dominion Energy also received a Hold from Bank of America Securities’s Ross Fowler in a report issued yesterday. However, on April 7, Barclays maintained a Buy rating on Dominion Energy (NYSE: D).

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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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