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Analysts Are Bullish on These Utilities Stocks: Vistra Corp (VST), PPL (PPL)

Tipranks - Fri Feb 6, 6:10AM CST

There’s a lot to be optimistic about in the Utilities sector as 3 analysts just weighed in on Vistra Corp (VSTResearch Report), PPL (PPLResearch Report) and Constellation Energy Corporation (CEGResearch Report) with bullish sentiments.

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Vistra Corp (VST)

Bank of America Securities analyst Ross Fowler maintained a Buy rating on Vistra Corp today and set a price target of $218.00. The company’s shares closed last Wednesday at $142.52.

According to TipRanks.com, Fowler is a 4-star analyst with an average return of 6.0% and a 59.8% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and California Water Service. ;'>

Currently, the analyst consensus on Vistra Corp is a Strong Buy with an average price target of $237.60, representing a 55.1% upside. In a report issued on January 28, TipRanks – Google also downgraded the stock to Buy with a $176.00 price target.

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PPL (PPL)

BTIG analyst Alex Kania maintained a Buy rating on PPL today and set a price target of $44.00. The company’s shares closed last Wednesday at $35.13, close to its 52-week high of $35.97.

According to TipRanks.com, Kania is a 2-star analyst with an average return of 1.4% and a 37.8% success rate. Kania covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Chesapeake Utilities, and WEC Energy Group. ;'>

Currently, the analyst consensus on PPL is a Moderate Buy with an average price target of $39.90, an 11.6% upside from current levels. In a report issued on January 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $41.00 price target.

Constellation Energy Corporation (CEG)

In a report released today, William Appicelli from UBS reiterated a Buy rating on Constellation Energy Corporation, with a price target of $420.00. The company’s shares closed last Wednesday at $250.46.

According to TipRanks.com, Appicelli is a 4-star analyst with an average return of 9.7% and a 55.4% success rate. Appicelli covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Consolidated Edison. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Constellation Energy Corporation with a $407.36 average price target, which is a 51.5% upside from current levels. In a report released today, Bank of America Securities also maintained a Buy rating on the stock with a $407.00 price target.

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