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Enter Symbol:
 
Entergy Corporation (ETR) [hlAlert]

Rating:
Neutral ETR
down 19.46 %

Entergy Corporation (ETR) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Jan 21, 2014  9:25 AM ET by JP Morgan

JP Morgan rated Neutral Entergy Corporation (NYSE: ETR) on 01/21/2014. Previously JP Morgan rated Overweight Entergy Corporation (NYSE: ETR) on 02/10/2010.,
when the stock price was $76.97. Since then, Entergy Corporation has lost 19.46% as of 01/21/2014's recent price of $61.99.
If you would have followed the previous JP Morgan's recommendation on ETR, you would have lost 19.46% of your investment in 1441 days.

Entergy Corporation (Entergy) is an integrated energy company engaged primarily in electric power production and retail electric distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and Entergy is a nuclear power generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The Company operates through two business segments: Utility and Non-Utility Nuclear. Entergy also operates the non-nuclear wholesale assets business. The non-nuclear wholesale assets business sells to wholesale customers the electric power produced by power plants that it owns. In March 2008, Entergy Gulf States Louisiana, L.L.C. acquired the Calcasieu Generating Facility. In September 2008, Entergy Arkansas Inc. acquired the Ouachita Plant.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2014 9:25 AM Hold
None
61.99
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -2.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2010 8:25 AM Buy
None
76.97 88.00
2/5/2009 8:25 AM Hold
None
72.28

(*) Stock Price at the time of the recommendation.
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