BMO Capital has decided to maintain its Outperform rating of Vistra VST and raise its price target from $52.00 to $60.00.
Shares of Vistra are trading up 1.47% over the last 24 hours, at $55.30 per share.
A move to $60.00 would account for a 8.5% increase from the current share price.
About Vistra
Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.
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