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Analysts Offer Insights on Utilities Companies: Southwest Gas (SWX) and Entergy (ETR)

Tipranks - Fri Apr 17, 7:35AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on Southwest Gas (SWX) and Entergy (ETR).

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Southwest Gas (SWX)

J.P. Morgan analyst Eli Jossen maintained a Hold rating on Southwest Gas yesterday and set a price target of $95.00. The company’s shares closed last Wednesday at $91.04.

According to TipRanks.com, Jossen is a 3-star analyst with an average return of 23.5% and a 60.0% success rate. Jossen covers the Utilities sector, focusing on stocks such as Waterbridge Infrastructure LLC Class A, Algonquin Power & Utilities, and New Jersey Resources. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Southwest Gas with a $99.50 average price target.

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Entergy (ETR)

In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Buy rating on Entergy, with a price target of $126.00. The company’s shares closed last Wednesday at $114.95.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 9.3% and a 61.0% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Entergy has an analyst consensus of Moderate Buy, with a price target consensus of $116.06, which is a 0.9% upside from current levels. In a report issued on April 2, BTIG also assigned a Buy rating to the stock with a $131.00 price target.

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