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Entergy initiated with an In Line at Evercore ISI

Evercore ISI analyst Nicholas Amicucci initiated coverage of Entergy (ETR) with an In Line rating and $98 price target The company’s forecast power-demand growth from industrial customers is the key driver of its increased capital-investment plan for2025-2028 as Entergy expects a 13% CAGR from the sector, but the growth expectation is well understood by the market, with expectations running high for incremental hyperscaler-oriented deals, the analyst tells investors in a research note. Investor focus now shifts to the company’s ability to fund this incremental wave of growth, the firm added.

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