Dominion resumed with an Equal Weight at Morgan Stanley

Morgan Stanley resumed coverage of Dominion (D) with an Equal Weight rating and $61 price target The firm says the company has a “transformed business at the epicenter of the data center world.” Dominion has a stabilized financial profile, lower risk and a steady earnings outlook, the analyst tells investors in a research note. The firm sees “solid characteristics of a premium utility” but also less room for growth upside than some of the company’s peers.