Entergy (ETR) Misses Q1 EPS by 14c

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Entergy Corp (ETR) PT Lowered to $76 at Mizuho Securities on 'Disappointing' 1Q Results; 'Incredible Shrinking Load Growth'

April 27, 2017 8:47 AM EDT

Mizuho Securities lowered its price target on Entergy Corp (NYSE: ETR) to $76.00 (from $79.00) while maintaining a Neutral rating, following the company quarterly report.

Analyst Paul Fremont notes the company delivered sales growth below management's guidance, resulting in a first quarter EPS miss, as retail load growth was also disappointing.

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