Morgan Stanley Maintains Underweight on Entergy, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an 'Underweight' rating on Entergy (NYSE:ETR) and raised the price target from $101 to $102.
July 21, 2023 | 2:19 pm
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Morgan Stanley has maintained an 'Underweight' rating on Entergy and raised the price target to $102.
The news is directly about Entergy and is likely to impact its stock. The 'Underweight' rating suggests that Morgan Stanley believes the stock may underperform compared to other stocks, but the raised price target indicates a slightly more positive outlook. However, the impact on the stock price in the short term is uncertain as the price target increase is minimal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100