Evergy, MDU Set For Growth But Black Hills Faces EPS Headwinds, Says BofA Analyst
EVRGEvergy(EVRG) Benzinga·2024-09-13 02:30

BofA Securities analyst Ross Fowler reinstated coverage on four US utilities in the Great Plains.The analyst reinstated the Buy rating at Evergy, Inc. EVRG and MDU Resources Group, Inc. MDU.Meanwhile, Fowler reinstated the Neutral rating on OGE Energy Corp OGE and Underperform rating on Black Hills Corporation BKH.EVRG: The analyst reinstated Buy rating with a price target at $66. The analyst says that despite trading at a 10% discount compared to peers on a 2026E P/E basis, the improving Kansas regulatory ...