Wells Fargo Maintains Overweight on Evergy, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers maintains an Overweight rating on Evergy (NASDAQ:EVRG) and raises the price target from $57 to $62.
May 10, 2024 | 3:22 pm
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Wells Fargo's updated Overweight rating and increased price target from $57 to $62 for Evergy could signal confidence in the company's future performance, potentially influencing positive investor sentiment.
The increase in price target by a reputable analyst like Sarah Akers from Wells Fargo usually reflects a positive outlook on the company's financial health and growth prospects. This can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100