Morgan Stanley Maintains Underweight on Entergy, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Underweight rating on Entergy (NYSE:ETR) but raises the price target from $109 to $115.
September 25, 2024 | 4:05 pm
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Morgan Stanley's analyst Stephen Byrd maintains an Underweight rating on Entergy but raises the price target from $109 to $115, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on ETR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100