Vistra Energy (VST) PT Raised to $29 at BofA Securities on Increased Visibility
Tweet
Share
E-mail
Get Alerts VST Hot Sheet
Price: $23.39 -0.09%
Rating Summary:
14 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 20
Rating Summary:
14 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 20
Trade Now!
Join SI Premium – FREE
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
BofA Securities analyst Julien Dumoulin-Smith raised the price target on Vistra Energy (NYSE: VST) to $29.00 (from $28.00) in a delayed increase after last week's earnings report where the company's above average hedging level allowed the management to renew long-term guidance.
The analyst reiterated a Buy rating, stating "With shares now trading at 12% unlevered/19% levered FCF yield, we reiterate our Buy given strong fundamentals with open exposure to the power rally, particularly for ‘23+."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Randstad NV (RAND:NA) (RANJY) PT Lowered to EUR59 at Goldman Sachs
- City Chic Collective Ltd (CCX:AU) PT Lowered to AUD2.50 at Macquarie
- Symrise AG (SY1:GR) (SYIEY) PT Raised to EUR129 at Goldman Sachs
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
