Entergy price target raised to $89 from $82 at Scotiabank

Scotiabank raised the firm’s price target on Entergy (ETR) to $89 from $82 and keeps a Sector Perform rating on the shares. The company continues to solidify its place as an industry leader, specifically in terms of customer demand and exposure to high-profile data centers, the analyst tells investors. The firm, however, remains on the sidelines, believing there is more potential elsewhere.