Truist Financial analyst Richard Sunderland maintained a Buy rating on Entergy yesterday and set a price target of $129.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Sunderland is a 4-star analyst with an average return of 4.0% and a 60.34% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and Pinnacle West Capital.
Entergy has an analyst consensus of Strong Buy, with a price target consensus of $124.13.
Based on Entergy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.19 billion and a net profit of $390.81 million. In comparison, last year the company earned a revenue of $2.85 billion and had a net profit of $360.76 million
