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KeyBanc has reduced its price target for Entergy Corporation (NYSE:ETR) from $106 to $102 while retaining an Overweight rating. The firm noted that Entergy's growth narrative remains strong, supported by recent equipment acquisitions to attract new clients.

KeyBanc highlighted ongoing positive discussions with potential customers and emphasized that vertically integrated utilities involved in the data center sector command a premium over competitors. The firm recognizes Entergy as a top choice for long-term investors, suggesting the stock still has growth potential.