UPDATE: J.P. Morgan Upgrades Dominion Resources on MLP, Cove Point Visibility
September 13, 2013 at 13:50 PM EDT
In a report published Friday, J.P. Morgan analyst Christopher Turnure upgraded the rating on Dominion Resources (NYSE: D ) from Neutral to Overweight, and raised the price target from $61.00 to $68.00. In the report, J.P. Morgan noted, “Dominion's announcements yesterday regarding midstream growth and the formation of an MLP