B of A Securities Upgrades Entergy to Buy, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Paul Zimbardo has upgraded Entergy (NYSE:ETR) from Neutral to Buy and increased the price target from $94 to $110.
November 21, 2023 | 12:18 pm
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Entergy's stock rating has been upgraded by B of A Securities from Neutral to Buy, with a price target increase from $94 to $110.
Upgrades by analysts, especially from neutral to buy, typically signal a positive outlook on the stock, suggesting improved performance or undervaluation. The raised price target further implies that the analyst sees more upside potential in the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100