B of A Securities Upgrades Evergy to Neutral, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith has upgraded Evergy (NASDAQ:EVRG) from Underperform to Neutral and lowered the price target from $52 to $49.
October 03, 2023 | 1:54 pm
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NEUTRAL IMPACT
Evergy's rating has been upgraded to Neutral from Underperform by B of A Securities, but the price target has been lowered from $52 to $49.
The upgrade to Neutral indicates a more positive outlook on Evergy's stock by B of A Securities. However, the lowering of the price target from $52 to $49 suggests a potential decrease in the stock's value. The net effect on the stock's price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100