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Entergy (ETR) Gets a Buy from Argus Research

Tipranks - Tipranks - Wed Jun 3, 10:04AM CDT

In a report released today, Marie Ferguson from Argus Research reiterated a Buy rating on Entergy, with a price target of $118.00.

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According to TipRanks, Ferguson is a 4-star analyst with an average return of 6.5% and a 61.39% success rate. Ferguson covers the Utilities sector, focusing on stocks such as Entergy, Alliant Energy, and Ameren.

In addition to Argus Research, Entergy also received a Buy from KeyBanc’s Sophie Karp in a report issued today. However, on May 21, Morgan Stanley maintained a Hold rating on Entergy (NYSE: ETR).

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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

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