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Vistra upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Carly Davenport upgraded Vistra (VST) to Buy from Neutral with a price target of $205, up from $200. The firm cites the recent pullback in the shares and its higher estimates for the upgrade. The Meta deal indicates Vistra is able to secure sizeable power purchase agreement contracts with a shorter ramp, even amid policy uncertainty and affordability rhetoric, the analyst tells investors in a research note.

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