Vistra price target raised to $141 from $105 at RBC Capital

RBC Capital raised the firm’s price target on Vistra (VST) to $141 from $105 and keeps an Outperform rating on the shares. The company’s repurchase of the minority interest in Vision seemed compelling, even before the news of a new nuclear deal announced between Constellation Energy (CEG) and Microsoft (MSFT), which has re-rated nuclear asset values higher, the analyst tells investors in a research note. RBC adds that it sees meaningful tailwinds driving power demand, with no signs of abating.