Evergy (EVRG) Price Target Reduced to $91

Core Viewpoint - Evergy, Inc. (NASDAQ:EVRG) is recognized as a notable investment opportunity within the utility sector, with varying price targets from different analysts indicating potential upside despite differing ratings [1][3][4]. Price Target Adjustments - RBC Capital analyst Stephen D'Ambrisi has reduced the price target for Evergy from $93 to $91 while maintaining an 'Outperform' rating, suggesting an upside of over 18% from the current share price [3]. - Conversely, Wells Fargo has increased its price target from $77 to $79, keeping an 'Equal Weight' rating, indicating a cautious approach to valuation while acknowledging the stock's attractiveness [4]. Market Position and Customer Base - Evergy serves approximately 1.7 million residential and commercial customers across Kansas and Missouri, highlighting its significant market presence in the utility sector [2].