Wells Fargo Maintains Overweight on Entergy, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Entergy (NYSE:ETR) and raised the price target from $137 to $170.
November 01, 2024 | 6:41 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Entergy from $137 to $170, maintaining an Overweight rating. This suggests a positive outlook for Entergy's stock.
The increase in price target from $137 to $170 by Wells Fargo indicates a strong positive sentiment towards Entergy's future performance. The Overweight rating suggests that the analyst expects Entergy to outperform its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100