BMO Capital Maintains Outperform on Entergy, Lowers Price Target to $114
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker has maintained an 'Outperform' rating on Entergy (NYSE:ETR) but lowered the price target from $120 to $114.

August 30, 2023 | 1:17 pm
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Entergy's price target has been lowered from $120 to $114 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100