Morgan Stanley analyst David Arcaro lowered the firm’s price target on Vistra (VST) to $208 from $214 and keeps an Overweight rating on the shares. The firm is updating the price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, the analyst tells investors. In March, utilities outperformed the S&P’s return.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VST:
- Vistra Energy put volume heavy and directionally bearish
- Largest borrow rate increases among liquid names
- Buy/Sell: Wall Street’s top 10 stock calls this week
- The AI Boom Needs Power — The Defiance AIPO ETF Targets the Companies Building It
- BWX Technologies initiated with an Underweight at Wells Fargo