BMO Capital analyst James Thalacker maintains $Entergy (ETR.US)$ with a buy rating, and adjusts the target price from $140 to $166.
According to TipRanks data, the analyst has a success rate of 64.2% and a total average return of 13.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Entergy (ETR.US)$'s main analysts recently are as follows:
Entergy has delivered a substantial financial update. The company's notable industrial sales growth has been considered distinctive and underestimated, though a significant update alongside Q3 results was not expected. Entergy has amplified its 5-year capital expenditure forecast by 20% and elevated the '26-'28 earnings per share guidance ranges by 4%-9%, primarily due to increased investment in transmission and generation.
Entergy has reaffirmed its guidance for 2024 and anticipates an EPS growth rate of 6%-8% through 2025. Its long-term EPS compound annual growth rate is expected to increase to 8%-9%, supported by a significant rise in the industrial sales forecast and an augmented capital plan. This expansion is driven by the introduction of a high-demand data center customer and widespread demand growth in the area. These developments support the view that Entergy has a promising growth trajectory within its operational regions.
Note:
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