JP Morgan Maintains Overweight on Entergy, Raises Price Target to $124
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Entergy (NYSE:ETR) and raised the price target from $121 to $124.
August 17, 2023 | 2:30 pm
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POSITIVE IMPACT
JP Morgan has maintained an Overweight rating on Entergy and raised the price target from $121 to $124, indicating a positive outlook for the company.
The Overweight rating maintained by JP Morgan indicates that they believe Entergy's stock will outperform the average market return. The increase in the price target from $121 to $124 suggests that JP Morgan expects the stock price to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100