Vistra Corp. (NYSE:VST) is a Must-Watch AI Stocks on Wall Street. On 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. operates as an integrated retail electricity and power generation company.
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