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EVRG

Evergy

$62.82 /

+0.09 (+0.14%)

11:51
08/04/20
08/04
11:51
08/04/20
11:51

Evergy sinks after Bloomberg says company will remain independent

Shares of Evergy dropped after Scott Deveau and Mark Chediak of Bloomberg reported that the company has decided to remain independent after talking to potential buyers. Under pressure from activist Elliott Management, Evergy reached out to several potential suitors but decided there was more value to be created through the implementation of a new operating plan, sources familiar with the matter told Bloomberg. The company is expected to release the details of the plan Wednesday along with its earnings, the sources said. Following the report, shares of Evergy dropped 7%, or $4.14, to $587.54 before being halted for volatility.

  • 05

    Aug

  • 12

    Aug

EVRG Evergy
$62.82 /

+0.09 (+0.14%)

08/03/20 Wolfe Research
Evergy downgraded to Peer Perform from Outperform at Wolfe Research
07/06/20 Wells Fargo
Evergy price target raised to $66 from $60 at Wells Fargo
06/03/20 Evercore ISI
Evergy upgraded to Outperform from In Line at Evercore ISI
03/03/20 BofA
Evergy upgraded to Buy from Underperform at BofA

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