Entergy's Price Target Revised to $104.26 Amid Shift in Growth Assumptions

Entergy's (ETR) latest price target tweak reflects a shift in growth assumptions, with analysts linking it to industrial load in the Gulf Coast and new customer agreements. Analysts have raised targets to $104.26 from $103.61, with firms like TD Cowen, Argus, KeyBanc, and BMO Capital citing industrial and data center demand, long-term EPS growth, and regulatory support as key positives. However, sensitivity to execution, load trends, and regulatory outcomes remains a potential concern.