Soleil Securities Maintains a 'Buy' on Entergy Corp (ETR); NRC Simply Says Operating Nukes are Safe
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Price: $104.62 -2.53%
Rating Summary:
21 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
21 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Soleil Securities maintains a 'Buy' on Entergy Corp (NYSE: ETR), PT $75.
Soleil analyst says, "The NRC told the NY state lieutenant governor that ETR's Indian Point (IP) is "still within safety margins", though the NRC is examining whether there may be safety enhancements needed for a number of plants, including IP. There is also continued improvement in Japan, where the nuclear accident is now clearly under control...However, there remains significant headline risk for ETR and to a lesser extent for other nuclear plays including Exelon (NYSE: EXC)(Hold), Edison International (NYSE: EIX)(Buy) and PG&E (NYSE: PCG)(not rated). Ongoing vocal opposition from Gov. Cuomo and other politicians and the media is a certainty, we believe, during the year or more of license renewal proceedings for Indian Point."
For more ratings news on Entergy Corp click here and for the rating history of Entergy Corp click here.
Shares of Entergy Corp closed at $66.90 yesterday.
Soleil analyst says, "The NRC told the NY state lieutenant governor that ETR's Indian Point (IP) is "still within safety margins", though the NRC is examining whether there may be safety enhancements needed for a number of plants, including IP. There is also continued improvement in Japan, where the nuclear accident is now clearly under control...However, there remains significant headline risk for ETR and to a lesser extent for other nuclear plays including Exelon (NYSE: EXC)(Hold), Edison International (NYSE: EIX)(Buy) and PG&E (NYSE: PCG)(not rated). Ongoing vocal opposition from Gov. Cuomo and other politicians and the media is a certainty, we believe, during the year or more of license renewal proceedings for Indian Point."
For more ratings news on Entergy Corp click here and for the rating history of Entergy Corp click here.
Shares of Entergy Corp closed at $66.90 yesterday.
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