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Enter Symbol:
 
Westar Energy, Inc. (WR) [hlAlert]

Rating:
Outperform
WR
up 68.87 %

Westar Energy, Inc. (WR) upgraded to Outperform with price target $24.50 by Wells Fargo

Posted on: Tuesday,  Mar 2, 2010  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Westar Energy, Inc. (NYSE: WR) on 03/02/2010, when the stock price was $22.01. Since
then, Westar Energy, Inc. has gained 68.88% as of 01/25/2016's recent price of $37.17.
If you would have followed this Wells Fargo's recommendation on WR, you would have gained 68.87% of your investment in 2155 days.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company is engaged in providing electric generation, transmission and distribution services to approximately 679,000 customers in Kansas. Westar Energy provides these services in central and north-eastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energy?s wholly owned subsidiary, provides these services in south-central and south-eastern Kansas, including the city of Wichita. KGE owns a 47% interest in the Wolf Creek Generating Station (Wolf Creek), a nuclear power plant located near Burlington, Kansas. Both Westar Energy and KGE conduct business using the name Westar Energy. During the year ended December 31, 2008, the Company completed the first phase of the Emporia Energy Center, a new natural gas-fired peaking power plant consisting of seven combustion turbines, comprising approximately 350 megawatt (MW) of capacity.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2010 8:25 AM Buy
None
22.01 24.50
as of 12/31/2010
1 Week up  1.81 %
1 Month up  3.57 %
3 Months up  6.47 %
1 YTD up  17.21 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2009 8:25 AM Hold
None
20.56

(*) Stock Price at the time of the recommendation.
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