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JPMorgan Raises its Price Target on Vistra Corp. (VST) to $239 and Maintains an Overweight Rating
JPMorgan analyst Jeremy Tonet raised the price target for Vistra Corp. (NYSE:VST) to $239 from $233, while maintaining an Overweight rating. This follows similar upgrades from Jefferies and Goldman Sachs analysts, who cited Vistra’s favorable risk/reward profile, recent data center contracts, the Cogentrix acquisition, and the Meta deal demonstrating its ability to secure power purchase agreements. Vistra Corp. operates as an integrated retail electricity and power generation company in the U.S.