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Morgan Stanley Remains a Hold on Dominion Energy (D)
Morgan Stanley analyst David Arcaro maintained a Hold rating on Dominion Energy today and set a price target of $71.00.
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According to TipRanks, Arcaro is a 5-star analyst with an average return of 13.6% and a 62.18% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Spire, Sempra Energy, and Vistra Corp.
Currently, the analyst consensus on Dominion Energy is a Moderate Buy with an average price target of $70.89.
Based on Dominion Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.14 billion and a net profit of $621 million. In comparison, last year the company earned a revenue of $4.08 billion and had a net profit of $646 million
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