Scotiabank Maintains Sector Perform on Entergy, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel maintains a Sector Perform rating on Entergy (NYSE:ETR) and lowers the price target from $111 to $104.
April 22, 2024 | 6:07 pm
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Scotiabank maintains a Sector Perform rating on Entergy and lowers the price target from $111 to $104.
The adjustment in price target by Scotiabank reflects a recalibration of expectations for Entergy's stock, potentially due to updated financial analysis or market conditions. However, maintaining the Sector Perform rating indicates that the analyst does not foresee significant underperformance or outperformance relative to the sector, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100