Entergy price target raised to $100 from $94 at Argus

Argus raised the firm’s price target on Entergy (ETR) to $100 from $94 and keeps a Buy rating on the shares. The firm expects strong industrial growth to continue in Louisiana, Mississippi, Arkansas, and Texas through the end of the decade. Entergy should experience solid growth over the next few years, driven by its above-average industrial and customer growth in the gulf-coast area, the analyst tells investors in a research note.