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Fly News Breaks for October 24, 2016
ETR
Oct 24, 2016 | 09:33 EDT
Wolfe Research downgraded Entergy to Underperform and lowered its price target to $74 from $82 on concerns the utility growth story will be overshadowed by its nuclear operations and recovery of the costs to improve them.
News For ETR From the Last 2 Days
ETR
Apr 25, 2024 | 06:18 EDT
Wells Fargo raised the firm's price target on Entergy to $122 from $115 and keeps an Overweight rating on the shares. The firm thinks recent positive regulatory developments plus Entergy's compelling long-term load growth outlook warrant a price to earnings multiple re-rating.
ETR
Apr 24, 2024 | 07:06 EDT
"We made very important regulatory progress in recent weeks that will deliver meaningful value for customers and provide certainty for all stakeholders," said Drew Marsh, Entergy chair and CEO. "We remain squarely on track with clear line of sight to achieve our commitments in 2024 and beyond."