Wells Fargo Raises its Price Target on Evergy (EVRG) to $87

Evergy, Inc. (NASDAQ:EVRG) is one of the

10 Best Slow Growth Stocks to Buy According to Analysts.

On April 21, 2026, Wells Fargo analyst Shahriar Pourreza raised the price target on Evergy, Inc. (NASDAQ:EVRG) to $87 from $83 and maintained an Equal Weight rating. Following discussions with companies, the firm updated its Q1 2026 estimates to reflect known and measurable drivers across its regulated utility coverage and increased its base value multiple to 17.5 times from 17 times.

On April 9, 2026, BTIG initiated coverage of Evergy, Inc. (NASDAQ:EVRG) with a Buy rating and a $99 price target, saying the company has “taken steps toward an elevated growth story” after a period of “muted” growth. The firm views the 6%–8% earnings growth outlook as “reasonable and potentially conservative,” citing the potential for additional large loads and an improving regulatory environment.

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Meanwhile, BofA lowered its price target on Evergy, Inc. (NASDAQ:EVRG) to $88 from $89 and maintained a Buy rating, keeping its 2026–2030 EPS estimates unchanged while adjusting the price target based on updated peer group multiples.

Evergy, Inc. (NASDAQ:EVRG) generates, transmits, distributes, and sells electricity in the United States.

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