Vistra Shares Drop 6% with 7.6M Volume, PPL Up 2.5%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Vistra Trading Dynamics: Vistra's shares fell approximately 6% on Friday with over 7.6 million shares traded, indicating market concerns about its future performance, which could impact investor confidence.
- PPL Performance Recovery: In contrast, PPL's stock rose about 2.5% with a trading volume exceeding 7.4 million shares, reflecting market recognition of its stability and growth potential, likely attracting more investor interest.
- Constellation Energy Lagging: Constellation Energy is lagging within the iShares Global Utilities ETF, trading down about 9.7%, which may prompt investors to reassess its allocation within the ETF.
- ETF Overall Dynamics: The iShares Global Utilities ETF exhibited unusual trading volume on Friday, reflecting increased market attention on the utilities sector, which could influence future investment strategies.
Analyst Views on VST
Wall Street analysts forecast VST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VST is 239.71 USD with a low forecast of 217.00 USD and a high forecast of 256.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 180.180
Low
217.00
Averages
239.71
High
256.00
Current: 180.180
Low
217.00
Averages
239.71
High
256.00
About VST
Vistra Corp. is an integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. It operates a reliable power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Its segments include Retail, Texas, East, West, and Asset Closure. The Retail segment is engaged in retail sales of electricity and natural gas to residential, commercial and industrial customers. The Texas and East segments are engaged in electricity generation, wholesale energy sales and purchases, commodity risk management activities, fuel procurement, and logistics management. The West segment represents results from the CAISO market, including its battery ESS projects at its Moss Landing power plant site. The Asset Closure segment is engaged in the decommissioning and reclamation of retired plants and mines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
