Analyst Ross Fowler from Bank of America Securities reiterated a Hold rating on Entergy and increased the price target to $103.00 from $97.00.
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Ross Fowler has given his Hold rating due to a combination of factors, including Entergy’s recent earnings and its outlook. Fiscal 2025 results came in slightly below market expectations but still aligned with management’s guidance, while forward earnings targets, long‑term EPS growth, and the equity financing plan all remain intact, supporting a stable but not compelling risk‑reward profile.
At the same time, the company modestly raised capital spending and sales growth forecasts and increased its price objective, reflecting higher projected investment in generation and renewables and better earnings visibility. However, Fowler notes that Entergy’s shares already trade at a premium relative to peers, which, despite improving fundamentals and execution confidence, limits upside potential and justifies maintaining a Neutral (Hold) stance rather than moving to a Buy.
Fowler covers the Utilities sector, focusing on stocks such as Eversource Energy, Vistra Corp, and Talen Energy Corp. According to TipRanks, Fowler has an average return of 5.3% and a 63.03% success rate on recommended stocks.