Vista Energy price target raised to $68 from $56 at JPMorgan

JPMorgan raised the firm’s price target on Vista Energy (VIST) to $68 from $56 and keeps an Overweight rating on the shares following the investor day. The firm has a constructive view on the company’s new guidance. Vista announced a more aggressive operating plan, now expecting to drill 80 to 90 wells per year and reach 200kboed by 2030, the analyst tells investors in a research note. JPMorgan cites the company’s growth outlook and improved country risk profile for the target increase.