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Vistra price target raised to $60 from $52 at BMO Capital

BMO Capital raised the firm’s price target on Vistra to $60 from $52 and keeps an Outperform rating on the shares. The analyst says Vistra’s Q4 earnings call “was quiet as anticipated” with better than expected results and updates to the company’s contribution from its acquisition of Energy Harbor for 2024. The firm sees additional multiple expansion into the consolidated financial update with its Q1 earnings call in May.

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