Reported 1 day ago
Jefferies analyst Julien Dumoulin Smith has reaffirmed a Buy rating for Vistra Corp. (NYSE:VST) following the company's strategic moves, including the acquisition of natural gas plants that will enhance its operational capacity. These efforts along with new tax credits from the Inflation Reduction Act suggest a positive trajectory for the company's growth and financial stability. Vistra's planned $1.9 billion investment in seven natural gas facilities is expected to close by late 2025 or early 2026.
Source: YAHOO