Information Provided By: 
Fly News Breaks for October 31, 2019
ETR
Oct 31, 2019 | 06:16 EDT
UBS analyst Daniel Ford downgraded Entergy to Neutral from Buy but raised his price target to $126 from $115. The analyst attributes the rating change to the stock's "premium valuation", having outperformed its peers by 3% year-to-date, but he remains positive on the company's "strategic shift from merchant generation to focus solely on its regulated business". Ford anticipates Entergy to generate earnings growth of 5%-7% through 2022.
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.
