UPDATE: Deutsche Bank Downgrades Entergy on Challenges Ahead
December 11, 2013 at 13:58 PM EST
In a report published Wednesday, Deutsche Bank analyst Jonathan Arnold downgraded the rating on Entergy Corporation (NYSE: ETR ) from Buy to Hold, and lowered the price target from $70.00 to $64.00. In the report, Deutsche Bank noted, “With utilities set to finish the year last among sectors for the