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Entergy price target raised to $97 from $88 at BofA

BofA raised the firm’s price target on Entergy (ETR) to $97 from $88 and keeps a Neutral rating on the shares. Ahead of Q3 results, the firm is raising its 2025-2027 EPS estimates to better reflect the growth and earnings guidance provided by the company, the analyst tells investors in a preview. The firm, which expects Entergy will reaffirm its FY25 through FY28 EPS guidance at Q3, expects a more comprehensive update to all of the company’s financial metrics, including a roll forward of guidance, at the EEI conference.

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