Morgan Stanley Maintains Underweight on Entergy, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy (NYSE:ETR) and lowers the price target from $103 to $98.
June 24, 2024 | 2:50 pm
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Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy and lowers the price target from $103 to $98.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley could negatively impact investor sentiment and lead to a short-term decline in Entergy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100