Deutsche Bank is out with its report today on Dominion Resources D, reiterating Buy after Dominion Resources affirmed its outlook.
In a note to clients, Deutsche Bank writes, "D reaffirmed its 2011 guidance of $3.00-$3.30 and provided its detailed guidance kit with key assumptions and drivers. For 2012 and beyond, D reiterated the 5%-6% EPS growth target introduced last year. We are maintaining our 2011/2012/2013 EPS estimates of $3.10/$3.25/$3.45 which reflects growth roughly in line with D's target. We value D at $46.50 on a 2013 sum-of-the-parts analysis."
D closed Friday at $43.39, down 0.91% from Thursday's close.
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