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Fly News Breaks for February 20, 2020
ETR
Feb 20, 2020 | 08:27 EDT
Wells Fargo analyst Neil Kalton raised his price target for Entergy to $150 from $132 after the company provided updated 2020-2022 capex of $11.7B versus the $11.4B preliminary guidance issued in Fall 2019. The analyst continues to view Entergy as an attractive rate base growth story with a long runway of capital spending needs and constructive regulatory constructs. He reiterates an Overweight rating on the shares.