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January 30, 2025 at 07:10 am EST
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Tag: Ladenburg
Ladenburg Thalmann Upgrades Entergy to Buy From Neutral, Adjusts Price Target to $86.50 From $54.75 -January 30, 2025 at 07:10 am EST
Real-time Estimate
10:13:49 2025-01-31 am EST
5-day change 1st Jan Change 80.94 USD
-0.29% -1.89% +6.78% This article is reserved for members © MT Newswires – 2025More about the companyEntergy Corporation specializes in electricity production and distribution. Net sales break down by activity as follows: – electricity production and sale (97.5%): owns, at the end of 2023, power plants with a production capacity of nearly 24,000 MW; – natural gas distribution (1.5%); – other (1%). All net sales are in the United States.ConsensusSellBuy
Last Close Price
81.18USD
Average target price
80.33USD
Spread / Average Target
-1.05%
Quarterly revenue – Rate of surprise
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Ladenburg Thalmann Upgrades Entergy to Buy From Neutral, Adjusts Price Target to $86.50 From $54.75 -January 30, 2025 at 07:10 am EST Ladenburg Thalmann, a leading investment bank, has upgraded Entergy Corporation (NYSE: ETR) from Neutral to Buy and adjusted its price target from $54.75 to $86.50. The new price target represents a significant upside potential for the stock. Entergy is a diversified energy company that provides electricity to customers in the southern United States. The company has a strong track record of operational excellence and a solid financial position, making it an attractive investment opportunity. According to Ladenburg Thalmann, the upgrade to Buy reflects their positive outlook on Entergy’s growth prospects and the company’s ability to deliver strong financial performance in the future. The increased price target also reflects the strong fundamentals of the company and its potential for further growth. Investors are advised to consider the upgraded rating and price target adjustment when making investment decisions regarding Entergy Corporation. With the new Buy rating and higher price target, Entergy is poised to deliver solid returns for investors in the coming months.
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