Dominion Resources (D) is upgraded to Buy from Hold at Jefferies, citing valuation. The firm...

|About: Dominion Resources, Inc. (D)|By:, SA News Editor

Dominion Resources (D) is upgraded to Buy from Hold at Jefferies, citing valuation. The firm says the spread between D's earned return on equity, the minimum threshold needed to breakeven, is among the most favorable of any of the regulated gas and electric companies in its coverage group. D +0.7% premarket.