Entergy price target raised to $106 from $96 at KeyBanc

KeyBanc analyst Sophie Karp raised the firm’s price target on Entergy (ETR) to $106 from $96 and keeps an Overweight rating on the shares. The firm believes Entergy presents an attractive growth story, demonstrated by its long-term EPS CAGR of over 8%, which leads the industry, and has shown no signs of slowing following the recent deal with Google (GOOG) in AR. KeyBanc believes the company’s growth story remains intact, and Entergy continues to engage in constructive conversations with potential customers, and providing confidence in the company’s ability to deliver more deals.