BUZZ-Vistra shares rally, BMO increases price target

Reuters
2024.09.20 16:37
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Vistra Corp's shares surged 13.5%, marking its largest one-day gain since July 31, following BMO's price target increase. The stock is on track for its 10th consecutive day of gains, trading at $36.72, significantly above the median price target. BMO analyst James Thalacker highlighted Vistra's plan to acquire the remaining 15% of its subsidiary, Vistra Vision, for $1.25 billion, citing strong valuation and management strategy. Year-to-date, Vistra shares have risen approximately 171%, outpacing the S&P 500 utilities index, which is up 24.71% this year.