UBS analyst Tasso Vasconcellos last night upgraded Vista Energy (VIST) to Buy from Neutral with a price target of $65, up from $50. The cites the company’s “strong” production growth in the coming years and discounted valuation for the upgrade. Vista has a strong delivery track record and has shown success in overcoming past bottlenecks in outflow capacity and equipment set, the analyst tells investors in a research note. UBS sees an attractive entry point at current share levels.
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