Will This Price Target Cut Hurt Dominion Resources (d) Stock Today?

twocents@thestreet.com (Shawn Ingram), The Street
Thu, 07/31/2014 - 6:29am

NEW YORK (TheStreet) -- Jefferies lowered its price target for Dominion Resources to $72 from $73.50 Thursday. The firm reiterated its "hold" rating for the company. Dominion is close to gaining approval for its Southeast reliability project that would add $2 billion to its rate base spending according to Jefferies analysts. Must read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

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