Evergy (NASDAQ:EVRG) Sets New 1-Year High - Time to Buy?

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Evergy (NASDAQ:EVRG) recently reached a new 52-week high, trading as high as $83.19. Several research firms have updated their price targets and ratings on the stock, with a consensus “Moderate Buy” rating and an average price target of $84.25. Institutional investors have also shown increased interest, with significant stake increases from firms like Adage Capital Partners GP L.L.C. and ExodusPoint Capital Management LP.

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