UBS Tweaks Estimates on Entergy Corp (ETR) As Company Enters Regulatory Uncertainty
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Price: $114.84 -0.18%
Rating Summary:
21 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 60
Rating Summary:
21 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 60
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UBS maintains a 'Neutral' on Entergy Corp (NYSE: ETR) price target of $70.00 (from $68.00).
Analyst, Julien Dumoulin-Smith, said, "Following the call, we are tweaking our 2012/13/14/15 EPS estimates to $5.37/$5.27/$5.09/$5.14 from $5.34/$5.32/$5.04/$4.86. Although Vermont Yankees’ lower capacity payments is a modest negative it is more than offset in the out-years by our expectations for a modest recovery in NYISO-Rest of State capacity payments (to ~$25/kW-yr) following several recent coal plant retirement announcements (NRG’s Dunkirk and AES Eastern’s Cayuga)...Awaiting Texas rate case outcome; we anticipate reinvigorated push for rider."
For an analyst ratings summary and ratings history on Entergy Corp click here. For more ratings news on Entergy Corp click here.
Shares of Entergy Corp closed at $72.67 yesterday.
Analyst, Julien Dumoulin-Smith, said, "Following the call, we are tweaking our 2012/13/14/15 EPS estimates to $5.37/$5.27/$5.09/$5.14 from $5.34/$5.32/$5.04/$4.86. Although Vermont Yankees’ lower capacity payments is a modest negative it is more than offset in the out-years by our expectations for a modest recovery in NYISO-Rest of State capacity payments (to ~$25/kW-yr) following several recent coal plant retirement announcements (NRG’s Dunkirk and AES Eastern’s Cayuga)...Awaiting Texas rate case outcome; we anticipate reinvigorated push for rider."
For an analyst ratings summary and ratings history on Entergy Corp click here. For more ratings news on Entergy Corp click here.
Shares of Entergy Corp closed at $72.67 yesterday.
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