Evergy Surges to 336th in Trading Volume with $314 Million Turnover Despite Stock Decline

On May 14, 2025, Evergy (EVRG) saw a significant increase in trading volume, with a turnover of $314 million, marking a 114.56% rise from the previous day. This surge placed Evergy at the 336th position in terms of trading volume for the day. However, despite the high trading volume, Evergy's stock price declined by 1.08%, marking the third consecutive day of losses, with a total decrease of 3.80% over the past three days.

BMO Capital initiated coverage of Evergy on May 13, 2025, with an "outperform" rating. This move by BMO Capital included a price target of $75.00 for Evergy, indicating potential growth for the company. The initiation of coverage by BMO Capital is a significant development for Evergy, as it provides external validation of the company's prospects and may influence investor sentiment.

BMO Capital's decision to start coverage on Evergy, along with other utilities, reflects a broader interest in the sector. The brokerage's "outperform" rating suggests confidence in Evergy's future performance, which could attract more investors to the stock. The price target of $75.00 set by BMO Capital provides a clear benchmark for investors, potentially driving further interest in Evergy's shares.