Mizuho lowered the firm’s price target on Dominion to $45 from $46 and keeps a Neutral rating on the shares post the Q3 report. The main focus of the earnings call was management’s progress in transitioning the company to a state-regulated utility with a strong balance sheet, the analyst tells investors in a research note. The firm looks for more clarity on a potential partner on the OSW project and how the capex will be funded.
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