Morgan Stanley has revised its price target for Vistra (VST, Financial), adjusting it slightly downward to $172 from $173. Despite the modification, the firm continues to maintain an Overweight rating on the stock. This update comes as part of Morgan Stanley's broader reassessment of price targets for Regulated & Diversified Utilities and Independent Power Producers (IPPs) across North America.
According to Morgan Stanley, utilities demonstrated strong performance in March, surpassing the S&P 500's gains. As the market prepares for the first quarter, the period is anticipated to be relatively quiet with no significant financial updates expected from Vistra. Investors should, therefore, focus on potential tariff risks as a primary area of interest.
The recent adjustment reflects Morgan Stanley's strategic reassessment in light of current market conditions and sector performance expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Vistra Corp (VST, Financial) is $169.53 with a high estimate of $212.00 and a low estimate of $120.00. The average target implies an upside of 36.70% from the current price of $124.02. More detailed estimate data can be found on the Vistra Corp (VST) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Vistra Corp's (VST, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vistra Corp (VST, Financial) in one year is $58.45, suggesting a downside of 52.87% from the current price of $124.02. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vistra Corp (VST) Summary page.
