TD Cowen starts Entergy with a Buy on expected EPS growth

As previously reported, TD Cowen analyst Shelby Tucker initiated coverage of Entergy (ETR) with a Buy rating and $108 price target Supported by high load growth from industrial and data center customers, the firm expects EPS to grow 10.5% through 2030, with potential upside, says the analyst, who adds that supportive state regulatory bodies are “key to our theme.”