Vistra price target raised to $241 from $145 at Jefferies

Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Vistra (VST) to $241 from $145 and keeps a Buy rating on the shares. Following an upward move in commodity mark-to-market and PJM capacity prices, the firm increased its 2027 EBITDA estimate by $1.2B to $8.4B and tells investors that it continues to see value in shares “despite a run-up” in the past three months.