Vistra Corp benefits from rising power demand
Vistra Corp operates power generation assets within the ERCOT and PJM power markets, two of the largest U.S. electricity grids.
The company’s nuclear power agreement with Meta Platforms and the planned restart of its Perry nuclear plant are key factors.
A probability-weighted 12-month price target for Vistra is $184, based on a bull-case scenario of $230 and a bear-case scenario of $125.