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Entergy Corporation (ETR) [hlAlert]

down 16.28 %

Entergy Corporation (ETR) rated Outperform with price target $89 by BMO Capital Markets

Posted on: Friday,  Jun 6, 2014  12:00 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform Entergy Corporation (NYSE: ETR) on 06/06/2014. Previously BMO Capital Markets rated Outperform Entergy Corporation (NYSE: ETR) on
06/05/2014., when the stock price was $78.61. Since then, Entergy Corporation has lost 16.28% as of 01/12/2016's recent price of $65.81.
If you would have followed the previous BMO Capital Markets's recommendation on ETR, you would have lost 16.28% of your investment in 586 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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2014 12:00 AM Buy
78.41 89.00
as of 10/17/2014
1 Week up  1.92 %
1 Month up  3.67 %
3 Months up  4.01 %
1 YTD up  1.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/5/2014 12:00 AM Buy
78.61 89.00

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