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Entergy downgraded to Neutral on valuation at Seaport Research

Seaport Research analyst Angie Storozynski downgraded Entergy (ETR) to Neutral from Buy without a price target The company is now an “unmatched AI-driven growth story in the utilities sector,” the analyst tells investors in a research note. The firm says that while further upside potential to estimates is possible, this is reflected in Entergy’s valuation premium to an average electric utility on 2028 estimates. Seaport cites valuation for the downgrade.

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