Argus analyst Jacob Kilstein raised his price target on Dominion to $79 and kept his Buy rating, saying that after a 9% decline in the stock price over the past year, its valuation has become attractive. The analyst notes that the company's forward expected earnings multiple of 16.5-times is now near the low end of its 5-year historical range and also below the peer average of 17.7-times, even though its recent Q2 earnings beat consensus while the management raised its FY18 EPS view. Kilstein also increased his outlook for FY18 EPS to $4.14 from $4.06, forecasting Dominion's Cove Point gas export plant to boost income.