Wells Fargo Says Vistra (VST) Is Well Positioned for Growth

Vistra Corp. (NYSE:VST) is a Must-Watch AI Stocks on Wall StreetOn October 28, Wells Fargo initiated the stock as “Overweight” with a $238 price target. The firm stated that the utility and energy company is well-positioned.

The firm believes that Vistra is a strong pick within IPPs, with a similar story to Constellation Energy (CEG).

“We are initiating coverage of VST with an Overweight rating, as it fits within the absolute call on IPPs [independent power producer]—similar story to our Best Idea CEG, but with slightly longer dated catalyst path.”

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company.

While we acknowledge the risk and potential of VST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VST  and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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