Raymond James initiated coverage of Vistra (VST) with a Strong Buy rating and $216 price target Vistra has historically benefited from elevated power prices and is well-positioned for an up-cycle, the analyst tells investors in a research note. Additionally, Texas’ improving regulatory backdrop, with Senate Bill 6 passed, could unlock a data center PPA at Comanche Peak soon, and Vistra has prioritized buybacks, repurchasing nearly one-third of shares since 2021, the firm says.
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