Analysts on Wall Street Lower Ratings for These 5 Stocks

04. Dominion Energy, Inc. (NYSE:D)

Price Reaction after the Downgrade: -0.36 (-0.75%)

On March 11, Dominion Energy, Inc. (NYSE:D), a key player in the energy sector, faced a significant development in the stock market. BMO Capital Markets, a respected financial institution, revised its rating on Dominion Energy, Inc. (NYSE:D) from “Outperform” to “Market Perform,” while setting a price target of $49.00. This adjustment indicates a shift in the perception of Dominion Energy’s performance and potential within the industry. Following this downgrade, the market price of Dominion Energy, Inc. (NYSE:D) experienced a decrease of 0.75% by the closing bell on March 11, settling at $46.98. This alteration in market value reflects the reaction of investors to BMO Capital Markets’ assessment, suggesting a more neutral stance on Dominion Energy, Inc. (NYSE:D) future outlook.