3 days ago
Vistra Energy (VST) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Stephen Byrd maintained a Buy rating on Vistra Energy today and set a price target of $200.00. The company's shares opened today at $195.02.
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Byrd covers the Utilities sector, focusing on stocks such as Ameren, American Electric Power, and Atmos Energy. According to TipRanks, Byrd has an average return of 7.2% and a 53.00% success rate on recommended stocks.
Vistra Energy has an analyst consensus of Strong Buy, with a price target consensus of $198.38, which is a 1.72% upside from current levels. In a report released on July 17, TR | OpenAI – 4o also upgraded the stock to a Buy with a $210.00 price target.
Based on Vistra Energy's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.93 billion and a GAAP net loss of $268 million. In comparison, last year the company earned a revenue of $3.05 billion and had a GAAP net loss of $35 million
Based on the recent corporate insider activity of 68 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 VST in relation to earlier this year. Last month, John Sult, a Director at VST sold 25,000.00 shares for a total of $4,291,500.00.