Sarah Akers

Shares of Evergy Inc (NYSE: EVRG) have been on an uptrend since early March, responding to strong results for two consecutive quarters, management’s positive comments on synergies and capex and encouraging developments in the Sibley docket, according to Wells Fargo. The Analyst Wells Fargo...

Sempra Energy (NYSE: SRE) stock traded higher Monday morning after the company got some love from one Wall Street analyst. The Analyst Wells Fargo analyst Sarah Akers upgraded Sempra from Market Perform to Outperform and raised her price target from $125 to $128. The Thesis Overhangs such as 2020...

Sempra Energy (NYSE: SRE) has come under pressure to set its house in order following calls to overhaul its board and initiate a strategic review process by Elliott Management and Bluescape Energy. The activist involvement sent the stock soaring Monday. The Analyst Wells Fargo Securities...

Following its meeting with water utility executives around the 2017 NAWC Water Summit, Wells Fargo Securities upgraded shares of Aqua America Inc (NYSE: WTR). The firm attributed the positivity to the management focus on the "tuck-in" M&A arena and expectations for a constructive outcome in...

Wells Fargo Securities upgraded shares of Great Plains Energy Incorporated (NYSE: GXP) and Westar Energy Inc (NYSE: WR), saying the shares appear modestly undervalued on its base case. The firm sees further upside potential should Missouri and/or Kansas become more supportive over time. As such...

Wells Fargo Securities downgraded shares of 8Point3 Energy Partners LP (NASDAQ: CAFD) and lowered its price target on Thursday, citing growth/strategic concerns given future sponsorship uncertainties. Concerns Abound Analysts Glen Pruitt, Neil Kalton and Sarah Akers noted that increasing concerns...