Jun. 30 at 10:51 PM
$EVRG Barclays raised its price target on Evergy to
$94 from
$89, maintaining an Overweight rating.
The adjustment reflects a more constructive outlook on the utility’s earnings stability and regulated cash flow profile, as well as improving visibility into rate base growth.
Overall, the note reinforces Evergy’s positioning as a defensive, income-oriented utility with steady compounding characteristics.
