JP Morgan Maintains Overweight on Entergy, Raises Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Entergy (NYSE:ETR) and increased the price target from $117 to $121.
December 01, 2023 | 7:21 pm
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POSITIVE IMPACT
Entergy's stock may see a positive short term impact due to JP Morgan's maintained Overweight rating and raised price target from $117 to $121.
Analyst ratings and price target adjustments are significant indicators for investors. JP Morgan's decision to maintain an Overweight rating and raise the price target for Entergy suggests a bullish outlook on the stock, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100