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Analysts Offer Insights on Utilities Companies: Evergy (EVRG) and Avista (AVA)

Tipranks - Tue Mar 10, 3:15AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Evergy (EVRGResearch Report) and Avista (AVAResearch Report).

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Evergy (EVRG)

Barclays analyst Nicholas Campanella maintained a Buy rating on Evergy today and set a price target of $89.00. The company’s shares closed last Friday at $83.36.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.6% and a 70.8% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Evergy has an analyst consensus of Moderate Buy, with a price target consensus of $87.44, which is a 6.2% upside from current levels. In a report issued on February 23, BMO Capital also maintained a Buy rating on the stock with a $87.00 price target.

See the top stocks recommended by analysts >>

Avista (AVA)

Barclays analyst Michael Lonegan maintained a Hold rating on Avista today and set a price target of $40.00. The company’s shares closed last Friday at $39.66.

According to TipRanks.com, Lonegan is a 4-star analyst with an average return of 8.2% and a 66.0% success rate. Lonegan covers the Utilities sector, focusing on stocks such as American Electric Power, Hawaiian Electric, and DTE Energy. ;'>

Currently, the analyst consensus on Avista is a Moderate Sell with an average price target of $38.00, representing a -3.9% downside. In a report issued on February 25, TipRanks – OpenAI also downgraded the stock to Hold with a $45.00 price target.

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