Evergy price target lowered to $57 from $60 at Wells Fargo

Wells Fargo analyst Sarah Akers lowered the firm’s price target on Evergy to $57 from $60 and keeps an Overweight rating on the shares. Evergy’s FY23 results fell short on weather, but FY24 guidance was solid, the analyst tells investors in a research note. The firm sees a compelling risk/reward.