Barclays Maintains Overweight on Evergy, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Overweight rating on Evergy (NASDAQ:EVRG) and increased the price target from $56 to $61.

May 14, 2024 | 6:07 pm
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Barclays analyst Nicholas Campanella has reaffirmed an Overweight rating on Evergy and raised the price target from $56 to $61, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst such as Nicholas Campanella from Barclays suggests a strong confidence in Evergy's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price. The Overweight rating further supports the expectation of Evergy outperforming the market or its sector, adding to the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100