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Jefferies Sticks to Their Hold Rating for Avista (AVA)
Jefferies Sticks to Their Hold Rating for Avista (AVA)

Business Insider

time3 days ago

  • Business
  • Business Insider

Jefferies Sticks to Their Hold Rating for Avista (AVA)

Jefferies analyst Julien Dumoulin Smith maintained a Hold rating on Avista (AVA – Research Report) today and set a price target of $40.00. The company's shares opened today at $37.14. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Dumoulin Smith covers the Utilities sector, focusing on stocks such as NRG Energy, Centerpoint Energy, and Hawaiian Electric. According to TipRanks, Dumoulin Smith has an average return of 3.8% and a 53.62% success rate on recommended stocks. Avista has an analyst consensus of Moderate Sell, with a price target consensus of $41.00. The company has a one-year high of $43.09 and a one-year low of $33.45. Currently, Avista has an average volume of 885K. Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AVA in relation to earlier this year. Most recently, in March 2025, Bryan Alden Cox, the SVP of AVA sold 3,322.00 shares for a total of $129,890.20.

Jefferies' Bullish Rating on Vistra (VST) Bolstered by Multiple Growth Drivers
Jefferies' Bullish Rating on Vistra (VST) Bolstered by Multiple Growth Drivers

Yahoo

time19-05-2025

  • Business
  • Yahoo

Jefferies' Bullish Rating on Vistra (VST) Bolstered by Multiple Growth Drivers

On May 16, Julien Dumoulin Smith from Jefferies commended Vistra Corp.'s (NYSE:VST) recent strategic decisions, underpinning his Buy rating on the shares. The analyst believes the company's efforts to purchase the eastern portfolio of natural gas plants could be substantially positive because these assets would significantly raise its operational capacity. He also believes that the company's recent manoeuvre to increase its financial flexibility and strengthen its balance sheet appears to hint towards its preparedness for further acquisitions and is thus positive for future growth. The analyst added that the new nuclear production tax credit (PTC) under the Inflation Reduction Act (IRA) provides another advantage, as they are positive for credit ratings and increases the company's leverage capacity. Aerial view of a natural gas fired power plant glowing against the night sky. To put things in perspective, on May 15, Vistra Corp. (NYSE:VST) announced its agreement with Lotus Infrastructure Partners to acquire seven natural gas generation facilities totalling around 2,600 MW of capacity. Vistra expects to pay around $1.9 billion for the assets, equating to approximately $743/kW. The transaction is expected to close by late 2025 or early 2026. The company is an integrated retail electricity and power generation company. It operates a power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities. While we acknowledge the potential of VST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VST and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio

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