Evercore ISI Group Downgrades Entergy to Neutral, Lowers Price Target to $96
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Durgesh Chopra downgraded Entergy (NYSE:ETR) from Outperform to Neutral and lowered the price target from $112 to $96.
June 01, 2023 | 1:45 pm
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Entergy downgraded to Neutral by Evercore ISI Group, with a lowered price target of $96 from $112.
The downgrade from Outperform to Neutral by Evercore ISI Group analyst Durgesh Chopra, along with the lowered price target from $112 to $96, indicates a less optimistic outlook for Entergy's stock performance in the short term. This could lead to a negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100