Citi analyst Ryan Levine lowered the firm’s price target on Entergy to $117 from $131 and keeps a Neutral rating on the shares. As the company waits on the outcome regarding a $550M potential System Energy Resources-related payment, and then negotiations related to another three potential accumulated deferred income taxes related settlements, the Q1 year-over-year comparison was impacted by unusually warm weather, the analyst tells investors in a research note.
Published first on TheFly
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