Vistra Corp. (NYSE:VST) is gaining attention on Wall Street for its recent announcement of acquiring Cogentrix Energy in a $4 billion deal. The acquisition includes 10 natural gas plants totaling 5,496 MW across different markets, valued at approximately $730/kW. KeyBanc analyst Sophie Karp reiterated an Overweight rating on VST with a $217.00 price target, citing the deal’s potential to deliver mid-single-digit accretion in 2027 and high-single-digit accretion over 2027-2029. While VST shows promise as an investment, some AI stocks may offer greater upside potential and lower downside risk.
Read more at Yahoo Finance: KeyBanc Reaffirms Overweight on Vistra (VST) After $4B Cogentrix Acquisition
