Jefferies analyst Paul Zimbardo raised the firm’s price target on Evergy (EVRG) to $78 from $77 and keeps a Buy rating on the shares. An improving regulatory backdrop and “new credit metric latitude” increase the firm’s confidence in five-year EPS growth guidance being increased to 5%-7% by year-end, notes the analyst, who raised the firm’s FY27 EPS estimate to the high-end of guidance, or $4.63.
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