What's Going On With Vistra Stock?

Zinger Key Points
  • Energy companies' stocks climb after Constellation Energy signed a 20-year power purchase agreement with Microsoft on Friday.
  • The agreement highlights the growing need for dedicated, alternative energy sources to power data centers and other AI infrastructure. 

Vistra Corp. VST shares are trading higher Wednesday and the stock is up more than 25% over the past five days.

What To Know:

Energy companies, including Vistra, saw a boost after Constellation Energy Corp. CEG signed a 20-year power purchase agreement with Microsoft on Friday. The agreement highlights the growing need for dedicated, alternative energy sources to power data centers and other AI infrastructure. 

Read Next: What’s Going On With Intel Stock?

Some analysts have recently updated coverage on Vistra, including: 

  • Jefferies analyst Julien Dumoulin-Smith maintained Vistra with a Buy rating and raised the price target from $99 to $137.
  • Morgan Stanley maintained its Overweight rating and raised the price target from $110 to $132.
  • BMO Capital analyst James Thalacker maintained an Outperform rating and raised the price target from $120 to $125.

According to data from Benzinga Pro, Vista Corp. shares are trading on above-average volume and above the stock’s 50-day moving average of $81.21.

How To Buy VST Stock:

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Vistra's case, it is in the Utilities sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

VST Price Action: According to Benzinga Pro, Vistra shares are up 6.91% at $120.17 at the time of publication Wednesday.

Read Also:

Image: Pete Linforth from Pixabay

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