RBC Capital Maintains Outperform on Entergy, Lowers Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an 'Outperform' rating on Entergy (NYSE:ETR) but lowered the price target from $126 to $117.
September 06, 2023 | 3:50 pm
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NEUTRAL IMPACT
Entergy's price target has been lowered by RBC Capital from $126 to $117, though the 'Outperform' rating is maintained.
While the lowering of the price target might initially seem negative, the maintenance of the 'Outperform' rating indicates that RBC Capital still sees potential in Entergy. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100