Vistra price target raised to $293 from $287 at Scotiabank

Scotiabank analyst Andrew Weisel raised the firm’s price target on Vistra (VST) to $293 from $287 and keeps an Outperform rating on the shares. The firm is “impressed” with the company’s contracts with Meta (META), believing this should “catapult” the company into the leading position among IPPs, the analyst tells investors. Vistra is among the firm’s “top picks” for U.S. utilities and power stocks.