BofA/Merrill Lynch Upgrades Evergy (EVRG) to Buy

BofA/Merrill Lynch analyst Julien Dumoulin-Smith upgraded Evergy (NYSE: EVRG) from Neutral to Buy with a price target of $62.00.

The analyst is positive noting the planned buyback should support 6-8& EPS growth which is likely not reflected in the current valuation according to a morning research note.

For an analyst ratings summary and ratings history on Evergy click here. For more ratings news on Evergy click here.

Shares of Evergy closed at $58.07 yesterday.

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