Morgan Stanley Sticks to Its Hold Rating for Dominion Energy (D)
Morgan Stanley analyst David Arcaro maintained a Hold rating on Dominion Energy today and set a price target of $67.00.
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Arcaro covers the Utilities sector, focusing on stocks such as Vistra Corp, Pinnacle West Capital, and PG&E. According to TipRanks, Arcaro has an average return of 14.0% and a 65.20% success rate on recommended stocks.
Currently, the analyst consensus on Dominion Energy is a Hold with an average price target of $64.63.
Based on Dominion Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.53 billion and a net profit of $1.01 billion. In comparison, last year the company earned a revenue of $3.94 billion and had a net profit of $954 million
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