Entergy (ETR) Well Positioned With $2 Billion Capital Plan Increment

Entergy Corp. (NYSE:ETR) is one of the 10 best regulated electric stocks to buy according to hedge funds.

On March 4, KeyBanc increased the firm’s price target on Entergy Corp. (NYSE:ETR) from $102 to $111. The firm maintained an Overweight rating on the shares. KeyBanc noted that the company’s fourth-quarter results came in largely in line with consensus expectations.

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Entergy Corp. (NYSE:ETR) also kept its 2026–2029 guidance unchanged while reaffirming its outlook for more than 8% annual EPS growth through 2029. The firm added that the company increased its recently announced 2026–2029 capital plan by $2 billion and also raised its forecast for long-term sales growth.

On February 20, Morgan Stanley Analyst David Arcaro increased the price target for Entergy Corp. (NYSE:ETR) to $98 from &91. The analyst maintained his Equal Weight rating on the stock.

Arcaro’s price target revision comes on the back of Morgan Stanley’s broader adjustments across the Regulated & Diversified Utilities and Independent Power Producers within the North American region.

Entergy Corp. (NYSE:ETR) serves as a major energy producer and distributor, managing a vast portfolio of approximately 25,000 megawatts. The company utilizes a diverse energy mix, including nuclear, solar, and natural gas, to serve over three million utility customers. Its operations span retail distribution, wholesale power sales, and specialized nuclear decommissioning services.

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