Barclays Reaffirms Overweight Rating on Evergy (EVRG)

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Barclays has reaffirmed its Overweight rating on Evergy Inc. (EVRG) and increased its price target from $82 to $89, citing the company’s base plan supporting an 8% bottom-line growth target. This follows BMO Capital’s earlier increase of its price target to $87. Evergy, a utility company providing electricity from diverse energy sources, currently holds a moderately bullish consensus sentiment among analysts.

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