Barclays Maintains Equal-Weight on Entergy, Lowers Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on Entergy (NYSE:ETR) and lowers the price target from $108 to $107.
April 15, 2024 | 12:40 pm
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NEUTRAL IMPACT
Barclays maintains an Equal-Weight rating on Entergy and lowers the price target from $108 to $107.
The adjustment in price target by Barclays reflects a minor revision in their valuation of Entergy, suggesting a neutral short-term impact on the stock. The maintenance of an Equal-Weight rating indicates that Barclays does not foresee significant upside or downside from the current price level, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100