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Enter Symbol:
 
Entergy Corporation (ETR) [hlAlert]

Rating:
Outperform
ETR
down 44.80 %

Entergy Corporation (ETR) rated Outperform by Wachovia

Posted on: Wednesday,  Jul 9, 2008  8:25 AM ET by Wachovia

Wachovia rated Outperform Entergy Corporation (NYSE: ETR) on 07/09/2008, when the stock price was $119.24. Since
then, Entergy Corporation has lost 44.81% as of 01/12/2016's recent price of $65.81.
If you would have followed this Wachovia's recommendation on ETR, you would have lost 44.8% of your investment in 2743 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/9/2008 8:25 AM Buy
None
119.24
as of 12/24/2008
1 Week down  -6.14 %
1 Month down  -5.03 %
3 Months down  -18.01 %
1 YTD down  -46.32 %

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