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Enter Symbol:
Rating: ETR
Buy $72
up 4.00 %

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

Tuesday,  Jan 12, 2016  10:25 AM ET by Lynn Gilbert

BofA/Merrill upgraded Entergy Corporation (NYSE: ETR) to Buy with price target $72. Previously, BofA/Merrill rated Entergy Corporation (NYSE: ETR) to Underperform
on 08/15/2012, when the stock price was valued at $70.06. Since then, Entergy Corporation's stock price has lost 4% as of 01/12/2016's recent price of $67.26.
If you had followed BofA/Merrill's previous recommendation on ETR, you would have gained 4% 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.


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