Goldman Sachs initiated coverage of Vistra (VST) with a Neutral rating and $134 price target The stock’s current valuation reflects benefit from the favorable macro backdrop and the company’s opportunity for a data center deal, the analyst tells investors in a research note. The firm views Vistra as well positioned to benefit from rising power demand, but sees less relative upside at current levels, and are more concerned with headline risk around data center demand and uncertainty around colocation deals.
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