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Fly News Breaks for February 20, 2020
Feb 20, 2020 | 07:19 EDT
KeyBanc analyst Sophie Karp raised his price target for Entergy to $136 from $129 after the company delivered an earnings beat in 2019 driven by predictable rate increases and execution, and aided by a second half of the year weather rebound. The analyst reiterates an Overweight rating on the shares.
News For ETR From the Last 2 Days
Apr 15, 2021 | 13:02 EDT
New York Attorney General Letitia James announced that her office has reached a provisional agreement with Holtec International and its subsidiaries regarding the decommissioning and cleanup of the Indian Point nuclear power facility in the lower Hudson Valley. The joint proposal, which is subject to approval by the New York State Public Service Commission, was negotiated by the state of New York, environmental organizations, Entergy (ETR), the current owner of Indian Point, and Holtec. If approved by the PSC, the agreement would transfer ownership of the nuclear power facility to Holtec, which would be responsible for the decommissioning and remediation of the facility and site, James said in a statement. In 2017, Entergy agreed to close the two remaining and operating nuclear reactors at Indian Point. Reference Link