Entergy Corporation's stock is seeing strong interest from various financial and investment entities. While shares have been sold by entities like Mackenzie Financial Corp, Guggenheim Capital LLC, and Epoch Investment Partners Inc, others like Invesco Ltd, Boston Partners, and Legal & General Group Plc have bought significant amounts. Entergy's initiatives in Louisiana, including new generation facilities and gas plant buildout, are seen as potential growth drivers. The company's approval to support Meta's massive data center also reinforces its growth case. Despite some selling off, Wall Street analysts generally remain bullish on Entergy, with some like BMO Capital and Jefferies giving strong buy ratings and high price targets. However, some caution that the stock may have overstepped its current growth prospects. The company's financial outlook remains robust as it has recently increased its dividend payments and reported strong financials. The addition of new directors and the expectation of beating earnings estimates further strengthen Entergy's case.
Entergy Corporation ETR News Analytics from Tue, 18 Feb 2025 08:00:00 GMT to Fri, 05 Dec 2025 12:20:28 GMT -
