ENO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: If interest rates are cut significantly, ENO could see price recover above $26, boosting attractiveness due to its appealing 5.50% coupon rate. Historical data supports gains in accommodative monetary conditions.




Bearish Case: Continued high interest rates may further suppress ENO, supported by historical trends indicating persistent negative returns. Economic downturns could accelerate price declines below $22, aligning with bearish market sentiment.




Potential Outcomes:

1) Rate cut (30%): recovery above $26.

2) Steady rates (50%): hold near $24.

3) Economic downturn (15%): drop below $22.

4) Volatility spikes (5%): exacerbate declines.




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November 15, 2024


Entergy New Orleans 5.50% BD REDEEM 01/04/2066 USD 25 Forecast

ENO        Entergy New Orleans 5.50% BD REDEEM 01/04/2066 USD 25











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