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HomeFinanceJefferies Initiates Coverage on Entergy Corporation (ETR) with a ‘Buy’ Rating and...

Jefferies Initiates Coverage on Entergy Corporation (ETR) with a ‘Buy’ Rating and a $109 Price Target

Entergy Corporation (NYSE:ETR) is one of the 11 Best Nuclear Energy Stocks to Invest in Right Now.

Jefferies Initiates Coverage on Entergy Corporation (ETR) with a ‘Buy’ Rating and a $109 Price Target
Jefferies Initiates Coverage on Entergy Corporation (ETR) with a ‘Buy’ Rating and a $109 Price Target

On September 4, 2025, Jefferies began covering Entergy Corporation (NYSE:ETR) with a ‘Buy’ rating and a $109 price target, calling it the “best-positioned AI load play” in utilities.

Jefferies highlighted Entergy’s 8 GW of power generation already contracted with Meta and Amazon, with an estimated 11–15% EPS CAGR from 2024 to 2030—well above its peers. Entergy Corporation (NYSE:ETR) has another 7 GW reserved and possible Google contracts pending. With standardized CCGTs, key Gulf Coast sites, and nearly 40 years of continuous dividends, Entergy stands out as a regulated utility benefiting from hyperscaler demand.

Entergy Corporation (NYSE:ETR) distributes natural gas and generates, transmits, and sells electricity across Louisiana, Mississippi, Texas, and Arkansas, including New Orleans. It also provides decommissioning services for nuclear plants. It is one of the Best Utility Stocks.

While we acknowledge the potential of ETR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

Disclosure: None.

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