EVRG

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Barclays raises PT to $89 → 2026 EPS guidance $4.14-$4.34; $350M notes issued

Evergy announced 2026 adjusted EPS guidance of $4.14-$4.34 with long-term growth targets of 6-8%, exceeding prior expectations and supporting its regulated utility model. Barclays raised its price target to $89 from $82 on March 9, maintaining an Overweight rating, while the company raised $350 million in 4.250% notes due 2029 to support long-term funding. The company declared a quarterly dividend of $0.6950 per share payable March 20, reflecting its commitment to shareholder returns.