Entergy price target raised to $129 from $114 at Scotiabank

Scotiabank raised the firm’s price target on Entergy (ETR) to $129 from $114 and keeps an Outperform rating on the shares. The firm is impressed by “yet another beat-and-raise,” noting Entergy is a “standout” among utilities as a data center winner, the analyst tells investors. Entergy remains one of the firm’s top picks in regulated utilities.