Mizuho analyst Anthony Crowdell raised the firm’s price target on Entergy (ETR) to $120 from $112 and keeps an Outperform rating on the shares. Entergy Louisiana announced a second agreement with Meta Platforms (META) to support a hyperscale data center in Northeast Louisiana, structured so that Meta pays its full cost of service, the analyst tells investors in a research note. The firm ran the numbers only for the 5.2GW and calculated 85c of earnings accretion beyond 2030.
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