Morgan Stanley Maintains Overweight on Vistra, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Vistra (NYSE:VST) and increased the price target from $40 to $41.
November 21, 2023 | 3:33 pm
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Morgan Stanley has reaffirmed its Overweight rating on Vistra and raised the price target to $41, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Vistra's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react to such analyst ratings and price target adjustments.
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IMPORTANCE 80
RELEVANCE 100