Dominion price target raised to $72 from $66 at RBC Capital

RBC Capital analyst Stephen D‘Ambrisi raised the firm’s price target on Dominion (D) to $72 from $66 and keeps a Sector Perform rating on the shares. Following the formal announcement this morning of NextEra Energy’s (NEE) all-stock acquisition of Dominion at an implied $77 per share, the firm raised its price target to reflect the current implied deal consideration.