Scotiabank lowered the firm’s price target on Entergy (ETR) to $82 from $165 and keeps a Sector Perform rating on the shares. The firm has updated its model to reflect the 2-for-1 stock split that went into effect on December 13, 2024, the analyst tells investors.
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Read More on ETR:
- Entergy Settles SEC Investigation with $12 Million Penalty
- Entergy to pay $12M to settle SEC internal accounting control violations charges
- Entergy price target raised to $85 from $65 at Argus
- Entergy price target adjusted to $72 at Morgan Stanley after stock split
- Entergy price target raised to $165 from $144 at Scotiabank
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