Dominion Energy’s stock price dropped after Barclays lowered their price target, potentially impacting stock performance.
Stock AI’s forecasts:
🔴 -7.2% short-term decrease
🔴 -4.4% long-term decrease
Stock AI’s (D) Forecast get (+12.0% Profit)
StockAI’s analysis delivers real-world results. On 13 February 2024, $D ($43.83), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $49.1 (🟢12.0%). Buying D on this signal yielded a +12.0% profit 💰💰.
D-Dominion Energy, Inc. News
🔴 Dominion Energy’s stock price traded down 2.3% after Barclays lowered their price target on the stock from $50.00 to $49.00. Barclays currently has an overweight rating on the stock.
🟢 Ballentine Partners LLC bought a new stake in Dominion Energy, Inc. in the fourth quarter, adding 11,268 shares of the utilities provider’s stock.
🔴 Raymond James & Associates decreased its holdings in Dominion Energy, Inc. by 7.9% during the 4th quarter.
🔴 Busey Bank decreased its stake in Dominion Energy, Inc. by 19.5% during the fourth quarter.
🔴 RFG Advisory LLC lessened its stake in Dominion Energy, Inc. by 35.1% during the fourth quarter.
🟢 Investment Partners Asset Management Inc. acquired a new stake in Dominion Energy, Inc. during the fourth quarter, adding 4,840 shares of the stock.
The recent news for Dominion Energy, Inc. stock has been a mix of negative and positive developments. The price target downgrade by Barclays led to a decrease in the stock price, while new investments by Ballentine Partners LLC and Investment Partners Asset Management Inc. brought some positivity. However, the decrease in holdings by Raymond James & Associates, Busey Bank, and RFG Advisory LLC contributed to the negative sentiment surrounding the stock.
Overall, the mixed news flow has created uncertainty among investors, leading to fluctuations in the stock price. It will be important to monitor future developments and investor sentiment to gauge the direction of Dominion Energy’s stock price in the short and long term.
D-Dominion Energy, Inc. Analyst Ratings
### Analyst Ratings for Dominion Energy, Inc. Stock
Analysts have been closely monitoring Dominion Energy, Inc. (NYSE:D) stock and providing their ratings on the company. Here are some recent analyst ratings:
📉 Barclays lowered their price target on Dominion Energy, Inc. stock from $50.00 to $49.00 and currently has an overweight rating on the stock.
📉 American Century Companies Inc. reduced their position in Dominion Energy, Inc. by 28.8% during the 3rd quarter.
📉 Pacer Advisors Inc. also lessened its holdings in Dominion Energy, Inc. by 44.4% during the fourth quarter.
### Sources
1. [ETF Daily News – Dominion Energy, Inc. Shares Down 2.3% Following Analyst Downgrade](https://www.etfdailynews.com/2024/04/18/dominion-energy-nysed-shares-down-2-3-following-analyst-downgrade/)
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4. [ETF Daily News – American Century Companies Inc. Lowers Stock Position in Dominion Energy, Inc.](https://www.etfdailynews.com/2024/03/25/dominion-energy-inc-nysed-shares-sold-by-american-century-companies-inc/)
5. [ETF Daily News – Pacer Advisors Inc. Lowers Stock Position in Dominion Energy, Inc.](https://www.etfdailynews.com/2024/03/30/pacer-advisors-inc-lowers-stock-position-in-dominion-energy-inc-nysed/)
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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