JPMorgan Chase & Co. lowered its price target on Entergy (NYSE:ETR) from $137.00 to $130.00 in a report released Tuesday morning, while keeping an overweight rating. BMO raised its target slightly to $124.00, while Morgan Stanley cut its target to $98.00 with an equal weight rating; according to MarketBeat, the consensus is 'Moderate Buy' with an average target price of $120.83. The stock opened at $103.85, within a 52-week range of $90.87 to $118.44. Entergy reported quarterly EPS of $1.03, beating estimates by $0.02, on revenue of $3.52 billion, and declared a quarterly dividend of $0.64 per share.
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Original headline: Entergy ( NYSE : ETR ) Stock Gets Price Target Trim from JPMorgan Chase & Co .
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