Vistra Corp. (VST) Upgraded by Jefferies Following Improved Risk/Reward Profile

Vistra Corp. (NYSE:VST) is one of the best upside stocks to invest in right now. On February 10, Jefferies analyst Julien Dumoulin-Smith upgraded Vistra from Hold to Buy and raised the price target to $203 from $191. This decision was made as the firm cited an improved risk/reward profile for the company following a 25% decline in the stock since September.

Despite recent announcements regarding Texas data center contracts and the attractively priced Cogentrix acquisition, Jefferies believes that the current share price fails to account for future data center opportunities.

On February 6, Goldman Sachs analyst Carly Davenport also upgraded Vistra Corp. (NYSE:VST) to Buy from Neutral while raising the price target to $205 from $200. The upgrade is based on a recent pullback in share price and the firm’s higher earnings estimates. Davenport noted that Vistra’s deal with Meta demonstrates the company’s ability to secure significant power purchase agreements quickly, despite ongoing policy uncertainty and discussions surrounding affordability.

Vistra Corp. (NYSE:VST), together with its subsidiaries, operates as an integrated retail electricity and power generation company in the US. It has five segments: Retail, Texas, East, West, and Asset Closure.

While we acknowledge the potential of VST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.