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Enter Symbol:
 
Entergy Corporation (ETR) [hlAlert]

Rating:
Buy ETR
up 4.16 %

Entergy Corporation (ETR) upgraded to Buy with price target $72 by BofA/Merrill

Posted on: Tuesday,  Jan 12, 2016  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Entergy Corporation (NYSE: ETR) on 01/12/2016. Previously BofA/Merrill rated Underperform Entergy Corporation (NYSE: ETR) on 08/15/2012., when
the stock price was $70.06. Since then, Entergy Corporation has lost 4.00% as of 01/12/2016's recent price of $67.26.
If you would have followed the previous BofA/Merrill's recommendation on ETR, you would have gained 4.16% of your investment in 1245 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2016 10:25 AM Buy
None
67.26 72.00
as of 8/27/2015
1 Week up  6.73 %
1 Month up  7.02 %
3 Months up  11.34 %
1 YTD down  -4.01 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/15/2012 8:25 AM Sell
None
70.06

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