Vistra Corp Secures Buy Ratings with Targets of $236, $233 and $205
Wells Fargo reaffirmed its Buy rating on Vistra Corp with a $236 price target, implying 40.64% upside potential. UBS added Vistra shares to its top picks with a $233 target, while Goldman Sachs upgraded the stock to Buy and raised its target to $205 citing a 12% YTD decline and a Meta power purchase agreement.
1. Wells Fargo Reaffirms Buy Rating
On February 13, Wells Fargo reiterated its Buy rating on Vistra Corp, assigning a $236 price target that reflects an anticipated 40.64% rally from current levels. The firm’s confidence is based on Vistra’s integrated retail electricity and power generation business model and stable cash flow outlook.
2. UBS Adds Vistra to Top Picks
UBS updated its Top Picks list on February 5 by adding Vistra shares to its favored utilities holdings and removing NextEra Energy. The firm maintained a Buy view with a $233 price target, underscoring its attractive valuation and market positioning within the sector.
3. Goldman Sachs Upgrades and Raises Target
On February 6, Goldman Sachs upgraded Vistra from Neutral to Buy and increased its price target from $200 to $205. The bank highlighted a 12% YTD share price drop and a 35% pullback from the record high as a compelling entry point, further bolstered by a newly signed power purchase agreement with Meta.