Soleil Securities Maintains a 'Buy' on Entergy Corp. (ETR); Lowers Estimates
More News related to ETR
- Entergy, Restore America's Estuaries Join Forces to Rebuild Louisiana Wetlands
- Entergy Charitable Foundation Tops $3.7 Million in Grants for 2009
- Entergy Announces Retirement of Officers
- Nation's Chains Recognize Entergy for Outstanding Customer Service
- Soleil Securities Maintains a 'Buy' on Entergy Corp. (ETR); Lowers Estimates
More News related to Analyst Comments
- Sign of the Times: U.S. Mint Has To Temporarily Suspend Sales of One Ounce Gold Coins Due to Demand
- The EUR/USD is now at $1.51 a 52-week high
- Central Banks Continue Snapping Up Gold, Sri Lanka Buys 10 Metric Tons From IMF
- Bloomingdale's Chairman Sees Jewelry Sales Up 20% at the End of November, Calls Consumer 'Confident'
- Research Firm Questions Surge In Origin Agritech (SEED)
Soleil Securities maintains a 'Buy' on Entergy Corp. (NYSE: ETR), price target $86.
Soleil analyst says, "The initial look at 2010 with a guidance range of $6.40-7.20 has a midpoint near Thomson consensus of $6.77. We are lowering our above-consensus 2010E from $7.05 to $6.75. We believe the detailed guidance showing growth in 2010, the additional stock buyback, plus major free cash flow and investment opportunities in 2010-12, along with the possible spin-off of the nuclear unit (decision expected around January) - all should be positive for the stock. We continue to like ETR stock as a financially sound, well-managed play on economic recovery and natural gas prices. We expect further color at our lunch with CEO Wayne Leonard and top management on Monday 11/2."
To see more analyst ratings on ETR Click Here.
Entergy Corporation, together with its subsidiaries, operates as an integrated energy company.
Related Categories
Analyst CommentsStocks Mentioned
+0.80Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
