Dominion resumed with a Sector Perform at RBC Capital

RBC Capital analyst Stephen D‘Ambrisi resumed coverage of Dominion (D) with a Sector Perform rating and $70 price target The stock screens attractive at a roughly 11% discount to electric peers on RBC’s slightly above-consensus 2028 EPS estimate, the analyst tells investors in a research note. The firm added, though, that it remains on the sidelines for now given the large project risk associated with Coastal Virginia Offshore Wind.