Vistra Corp
VST: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$65.00 | Ymkf | Rptmvsr |
Vistra Energy: Texas Regulators Approve Low-Cost Loan; Stock Still Overvalued
We are reaffirming our $46 fair value estimate for Vistra after Texas regulators announced that one of Vistra's proposed new-build gas power plants is a finalist to receive a state-backed loan as part of the $5 billion Texas Energy Fund program. We are reaffirming our no-moat and High Uncertainty ratings.