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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InBMO Capital has maintained its 'Outperform' rating on Entergy Corp (ETR) with a steady price target of $118.00. The analyst's positive outlook follows Entergy's announcement of a significant agreement with Meta Platforms to develop a data center in Louisiana. This strategic partnership is projected to generate approximately $2 billion in savings for customers over a 20-year period. While the company recently missed earnings expectations for the fourth quarter of 2025, its stock performance remains robust with a nearly 20% gain year-to-date. Analysts believe the Meta deal significantly offsets short-term earnings volatility by securing long-term infrastructure value. This reiteration underscores investor confidence in Entergy's ability to capitalize on the growing demand for data center energy needs.