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BTIG Reaffirms Their Buy Rating on Entergy (ETR)

Tipranks - Tipranks - Fri Jun 5, 7:40AM CDT

BTIG analyst Alex Kania maintained a Buy rating on Entergy today and set a price target of $131.00.

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Kania covers the Utilities sector, focusing on stocks such as PPL, Duke Energy, and Entergy. According to TipRanks, Kania has an average return of 0.2% and a 38.89% success rate on recommended stocks.

In addition to BTIG, Entergy also received a Buy from Barclays’s Nicholas Campanella in a report issued yesterday. 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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