Bank of America Upgrades Vistra and AES Amid Strat…
From Financial Modeling Prep: 2025-03-05 02:24:01
Bank of America has upgraded Vistra (NYSE: VST) to “Buy” and AES Corp (NYSE: AES) to “Neutral”, citing improved capital discipline and growth strategy. Vistra benefits from reduced capital spending and cost-cutting initiatives, with a price target of $152. AES sees improved execution visibility with a price target raised to $13.
Vistra’s disciplined capital allocation enhances long-term growth prospects, while AES’s strategic shift reduces downside risks but faces funding challenges. Both companies could benefit from tightening power markets. Vistra’s cost-cutting and growth strategy make it an attractive buy, while AES’s adjustments improve its execution potential.
Read more at Financial Modeling Prep:: Bank of America Upgrades Vistra and AES Amid Strat…