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.
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