Barclays Maintains Overweight on Evergy, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on Evergy (NASDAQ:EVRG) but lowers the price target from $67 to $65.
October 21, 2024 | 12:49 pm
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Barclays has maintained its Overweight rating on Evergy but has slightly reduced the price target from $67 to $65, indicating a modestly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Evergy's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100