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Entergy price target raised to $131 from $111 at BTIG

BTIG raised the firm’s price target on Entergy (ETR) to $131 from $111 and keeps a Buy rating on the shares. The firm is citing Entergy Lousiana having announced a 5.2 GW expansion of Meta‘s (META) Hyperion datacenter, now totaling about 7.5 GW of capacity, adding that it sees 56c per share in EPS benefit by 2030, the analyst tells investors in a research note.

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