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JPMorgan Says Dominion Resources 'Running Out of Steam,' Downgrades To Neutral
Thursday, June 16, 2016 - 9:51am | 306JPMorgan has downgraded Dominion Resources, Inc. (NYSE: D) to Neutral from Overweight on lower prices at New England power and ITC earnings pullback. The brokerage noted that New England ATC power prices for 2017 are down 7 percent year-to-date and 20 percent over the last 12 months — worse...