Latest Analyst Views on Coatue’s Favorite 33 AI Stocks

9. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 120 

Evercore ISI analyst Durgesh Chopra recently lowered the price target on Vistra Corp. (NYSE:VST) to $192 from $202 and kept an Outperform rating on the shares. Vistra operates as an integrated retail electricity and power generation company. In an investor note, the analyst noted that all of the major Independent Power Producers had reported their quarterly results over the last two weeks and for the most part IPPs faired relatively well during Q1 with strong adjusted EBITDA performance. The analyst expected the positive momentum to continue across the IPP coverage throughout the year. The advisory was slightly reducing price targets for Talen Energy and Vistra, primarily due to peer multiple contraction, the analyst noted.