Dominion upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Nicholas Campanella upgraded Dominion to Overweight from Equal Weight with a price target of $47, up from $45. The analyst says the company’s Q3 update is an “inflection point” for the shares. Dominion’s dividend is intact at a sector-high yield, the upcoming analyst day provides further catalysts to sustain the re-rating as earnings revisions bottom. and there is downside support to 2025 estimates, the analyst tells investors in a research note.