Morgan Stanley Maintains Underweight on Entergy, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy (NYSE:ETR) but raises the price target from $94 to $103.
May 28, 2024 | 5:40 pm
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Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy (NYSE:ETR) but raises the price target from $94 to $103.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100