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Stock impact report

Entergy (ETR) Price Target Trimmed to $86 by Analyst [Yahoo! Finance]

Entergy Corporation (ETR) 
Last entergy corporation earnings: 2/19 06:30 am Check Earnings Report
US:NYSE Investor Relations: entergy.com/investor_relations
Company Research Source: Yahoo! Finance
Entergy Corporation (NYSE:ETR) is an integrated energy company that provides electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. On December 16, Morgan Stanley lowered its price target on Entergy Corporation (NYSE:ETR) from $91 to $86, while maintaining an ‘Equal Weight' rating on the shares. With Big Tech currently pouring billions of dollars into the ongoing AI race, the analyst believes that the utility sector's performance will be heavily driven by data centers and growth upside next year. To ensure it can keep up with ballooning demand, Entergy Corporation (NYSE:ETR) broke ground earlier this month to begin construction of two new combined-cycle combustion turbine generation facilities. Recently approved by the Louisiana Public Service Commission, the power plants will have a combined capacity of 1.5 GW and help power Meta's planned data center in the state. The 15-year agreement between Entergy and the tech hyperscaler is projected to Show less Read more
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