Wells Fargo Sticks to Its Buy Rating for Entergy (ETR)
Wells Fargo analyst Shahriar Pourreza maintained a Buy rating on Entergy yesterday and set a price target of $128.00. The company’s shares closed yesterday at $116.43.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Pourreza covers the Utilities sector, focusing on stocks such as Eversource Energy, Sempra Energy, and Constellation Energy Corporation. According to TipRanks, Pourreza has an average return of 8.6% and a 69.81% success rate on recommended stocks.
Entergy has an analyst consensus of Moderate Buy, with a price target consensus of $122.00, implying a 4.78% upside from current levels. In a report released on April 30, Barclays also maintained a Buy rating on the stock with a $124.00 price target.
Based on Entergy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.19 billion and a net profit of $390.81 million. In comparison, last year the company earned a revenue of $2.85 billion and had a net profit of $360.76 million
Based on the recent corporate insider activity of 164 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ETR in relation to earlier this year. Most recently, in February 2026, JOHN O III HUDSON, the Chief External Affairs Officer of ETR sold 10,000.00 shares for a total of $1,047,900.00.
Read More on ETR:
