Entergy price target raised to $165 from $145 at Guggenheim
The Fly

Entergy price target raised to $165 from $145 at Guggenheim

Guggenheim analyst Shahriar Pourreza raised the firm’s price target on Entergy (ETR) to $165 from $145 and keeps a Buy rating on the shares after the company reported a Q3 EPS beat, raised the bottom end of 2024 EPS guidance and provided several fundamental updates culminating in the early outlook for 2026-2028 EPS target moving up to 8%-9%. The sustained fundamental strength, top quartile EPS growth and conservative plan shift the Entergy thesis “into a true premium story,” the analyst tells investors.

Don't Miss out on Research Tools:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App