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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VST:
- Vistra Completes Energy Harbor Acquisition
- Vistra Announces Final Results of Cash Tender Offer for Remaining TRA Rights, Resulting in Only 2% of Aggregate TRA Rights Remaining Following Settlement
- Vistra Reports Full-Year 2023 Results, Announces Expected Closing of Energy Harbor Transaction On March 1, 2024
- Vistra price target raised to $53 from $48 at Seaport Research
- Is VST a Buy, Before Earnings?
