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Entergy Corporation (ETR) [hlAlert]

Rating:
Hold ETR

Entergy Corporation (ETR) rated Hold with price target $117 by Deutsche Securities

Posted on: Wednesday,  Jan 30, 2008  1:25 PM ET by Deutsche Securities

Entergy (ETR) rated Hold
with price target $117 by Deutsche Securities.

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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 1:25 PM Hold
None
104.79 117.00
as of 12/24/2008
1 Week down  -6.14 %
1 Month down  -5.03 %
3 Months down  -18.01 %
1 YTD down  -40.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2007 1:25 PM Hold
None
119.87 119.00

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