Barclays Initiates Coverage On Entergy with Equal-Weight Rating, Announces Price Target of $98
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Nicholas Campanella has initiated coverage on Entergy (NYSE:ETR) with an Equal-Weight rating and a price target of $98.
August 23, 2023 | 9:16 am
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NEUTRAL IMPACT
Barclays has initiated coverage on Entergy with an Equal-Weight rating and a price target of $98.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook for Entergy's stock in the short term. The price target of $98 indicates where the analyst believes the stock will trade in the near future. This news is highly relevant to ETR as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock performance. The confidence in this analysis is high as it is based on the direct statements from the Barclays analyst.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100