Overweight Call on Vistra (VST) From KeyBanc Highlights Scale and Cash Flow Strength

Vistra Corp. (NYSE:VST) is included among the 14 Best US Stocks to Buy for Long Term.

On November 25, KeyBanc initiated its coverage on Vistra Corp. (NYSE:VST) with an Overweight rating and a $217 price target. The firm appreciated the company’s scale, “diversified” generation mix, and “strong” cash flow. According to the analyst, these aspects offer resilience and growth “optionality in a tightening U.S. power market.” The firm further said that Vistra is expected to benefit from increasing electrification and demand from hyperscale data centers, with supportive policies offering additional upside.

Vistra Corp. (NYSE:VST) is currently expanding its energy footprint. In its earnings for the third quarter of 2025, the company announced that it has completed the purchase of seven natural gas plants from Lotus Infrastructure Partners. In addition, it also unveiled plans to build two new natural gas power units, adding up to 860 MW of capacity in West Texas.

In other news, on December 2, S&P Global upgraded its long-term credit rating on Vistra Corp. (NYSE:VST) to BBB- from BB+. The agency highlighted the improvement in the company’s risk profile due to a nuclear power sales deal, its acquisition of natural gas assets, and strong hedging of future output.

Vistra Corp. (NYSE:VST) is a Texas-based integrated retail electricity and power generation company.

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