Entergy Corporation (NYSE:ETR) Receives Optimistic Price Target from RBC Capital

Core Insights - Entergy Corporation (NYSE:ETR) is a significant player in the Utilities sector, providing electricity to millions in the southern United States and competing with other utility giants [1] Financial Performance - RBC Capital set a price target of $115 for Entergy, indicating a potential upside of 18.12% from its current price of $97.36, supported by a strong performance this year with a price change of 27.38% [2][6] - The stock's trading range today was between $95.73 and $97.38, remaining close to its 52-week high of $98.58, with a market capitalization of approximately $43.46 billion [4][6] Dividend Appeal - Entergy's dividend of $0.60 per share is a key attraction for income-focused investors, contributing significantly to total returns and making it appealing for those seeking steady income [3][6] Market Sentiment - The stock's recent price movement, increasing by 0.81% in the last session, indicates positive investor sentiment, while RBC Capital's "Outperform" rating reflects confidence in Entergy's ability to deliver value to shareholders [2][5]