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Fly News Breaks for June 4, 2019
ETR
Jun 4, 2019 | 16:39 EDT
KeyBanc analyst Sophie Karp assumed coverage of Entergy with an Overweight rating and $110 price target. The previous analyst covering the stock at the firm had a Sector Weight rating prior to dropping coverage. The analyst believes that the company's discount relative to its peer group average should not persist as Entergy has made "significant progress toward ridding itself from its problematic merchant nuclear fleet."
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 | 07:07 EDT
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."
