Morgan Stanley Maintains Underweight on Entergy, Lowers Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy (NYSE:ETR) and lowers the price target from $106 to $103.
May 22, 2023 | 12:16 pm
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Morgan Stanley maintains an Underweight rating on Entergy and lowers the price target from $106 to $103.
The lowered price target by Morgan Stanley's analyst indicates a bearish outlook on Entergy's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100