Reported 2 days ago
Bank of America has upgraded Vistra Corp. (VST) to Buy with a price target of $152, citing its strong performance and significant positioning in the electricity and power generation market. Despite recent tariffs impacting global markets, Vistra is expected to benefit from increasing energy demand and retail growth, with projected adjusted EBITDA exceeding $6 billion for 2026. The company ranks 7th in a list of top AI stocks favored by billionaires, although uncertainties in legislation and market conditions remain a concern.
Source: YAHOO