Dominion Energy (D) Upgraded to Buy: What Does It Mean for the Stock?
Dominion Energy(D) ZACKS·2024-06-28 01:00
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Therefore, the Zacks rating upgrade for Dominion Energy basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. For Dominion Energy, rising earnings estimates and the consequent rating upgrade ...