Morgan Stanley Maintains Underweight on Entergy, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an 'Underweight' rating on Entergy (NYSE:ETR) and lowered the price target from $97 to $92.
October 25, 2023 | 12:25 pm
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Morgan Stanley has maintained an 'Underweight' rating on Entergy and lowered the price target from $97 to $92.
The 'Underweight' rating maintained by Morgan Stanley indicates a negative outlook for Entergy. The lowering of the price target from $97 to $92 suggests that the analyst expects the stock to underperform in the short term. This could potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100