Wells Fargo analyst Sarah Akers lowered the firm’s price target on Evergy to $57 from $60 and keeps an Overweight rating on the shares. Evergy’s FY23 results fell short on weather, but FY24 guidance was solid, the analyst tells investors in a research note. The firm sees a compelling risk/reward.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EVRG:
- Evergy sees FY24 adjusted EPS $3.73-$3.93, consensus $3.82
- Evergy reports Q4 adjusted EPS 27c, consensus 29c
- Evergy Announces 2024 Earnings Guidance and Regulatory Details
- EVRG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Evergy files capacity, modernization request with Missouri PSC
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue