Vistra Corp
VST: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$36.00 | Hfsm | Mkkhmdpc |
Vistra Energy: Closes Energy Harbor Deal; Improving Outlook for 2024 and Beyond
We plan to raise our $26 fair value estimate for Vistra about 10% after the company closed its $5.7 billion acquisition of Energy Harbor and reported $4.1 billion of adjusted EBITDA in 2023, slightly above our estimate. We are reaffirming our no-moat rating.