Vistra Corp (VST) Receives a Buy from TD Cowen
TD Cowen analyst Shelby Tucker maintained a Buy rating on Vistra Corp yesterday and set a price target of $253.00. The company’s shares closed yesterday at $165.53.
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Tucker covers the Utilities sector, focusing on stocks such as Consolidated Edison, Eversource Energy, and PG&E. According to TipRanks, Tucker has an average return of 9.9% and a 67.73% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vistra Corp with a $233.40 average price target, implying a 41.00% upside from current levels. In a report released on April 13, BMO Capital also reiterated a Buy rating on the stock with a $241.00 price target.
Based on Vistra Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.34 billion and a net profit of $233 million. In comparison, last year the company earned a revenue of $7.36 billion and had a net profit of $441 million
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