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Entergy (NYSE:ETR) was upgraded by equities research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $89.00 target price on the stock, up from their previous target price of $73.00. BMO Capital Markets’ price target indicates a potential upside of 13.22% from the stock’s previous close.

ETR has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Entergy from $72.00 to $79.00 in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Wolfe Research upgraded shares of Entergy from an “underperform” rating to a “market perform” rating in a research note on Tuesday, May 6th. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Entergy in a research note on Thursday, April 24th. They now have a $61.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Entergy presently has an average rating of “Hold” and a consensus price target of $71.40.

Shares of Entergy (NYSE:ETR) opened at 78.61 on Friday. Entergy has a 1-year low of $60.22 and a 1-year high of $78.80. The stock’s 50-day moving average is $73.76 and its 200-day moving average is $66.20. The company has a market cap of $14.101 billion and a P/E ratio of 14.37.

Entergy (NYSE:ETR) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.90. The company had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the previous year, the company posted $0.94 earnings per share. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. On average, analysts predict that Entergy will post $6.10 earnings per share for the current fiscal year.

Entergy Corporation (NYSE:ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations.

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