Wells Fargo Reaffirms Buy Rating on Entergy (ETR) with $119 Target Price
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn March 17, 2026, Wells Fargo analyst Neil Kalton maintained a 'Buy' rating on Entergy Corporation (NYSE: ETR) with a price objective of $119.00. Factors supporting this rating include anticipated durable earnings growth and undervaluation of the stock. Entergy is expected to benefit from new energy service agreements and investments in combined-cycle gas generation and regulated nuclear projects. Additionally, the company is positioned to meet increasing power demand from data centers and hyperscalers, contributing to potential EPS growth over time.
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About Entergy Corporation (ETR)
Entergy is an electric utility serving the U.S. Gulf South.
The Utilities sector covers electric, gas and water providers prized for steady, regulated income.
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