Entergy price target raised to $112 from $104 at BMO Capital

BMO Capital raised the firm’s price target on Entergy (ETR) to $112 from $104 and keeps an Outperform rating on the shares. The company executed well on the year and there were no changes to the 2027-2029 outlook ranges, as the management reaffirmed their greater-than-8% EPS CAGR through 2029, which is now anchored off 2025, the analyst tells investors in a research note.