KD Logo

Vistra Corp (VST) receives a Buy rating from BofA Securities

Vistra Corp’s recent filing unveils that its EVP and Chief Admin. Officer Kirby Carrie Lee unloaded Company’s shares for reported $4.56 million on Mar 14 ’24. In the deal valued at $62.63 per share,72,748 shares were sold. As a result of this transaction, Kirby Carrie Lee now holds 184,201 shares worth roughly $12.57 million.

Then, HUDSON SCOTT A sold 86,517 shares, generating $5,114,411 in total proceeds. Upon selling the shares at $59.11, the EVP & President Vistra Retail now owns 254,932 shares.

Before that, Moore Stephanie Zapata sold 98,020 shares. Vistra Corp shares valued at $5,733,963 were divested by the EVP and General Counsel at a price of $58.50 per share. As a result of the transaction, Moore Stephanie Zapata now holds 161,888 shares, worth roughly $11.04 million.

BofA Securities reiterated its Vistra Corp [VST] rating to a Buy in a research note published on September 30, 2021; the price target was $23. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”. BofA Securities also remained covering VST and has increased its forecast on July 09, 2021 with a “Buy” recommendation from previously “Neutral” rating. BofA Securities revised its rating on July 09, 2021. It rated VST as “a Buy” which previously was an “a Neutral”.

Price Performance Review of VST

On Monday, Vistra Corp [NYSE:VST] saw its stock fall -2.18% to $68.22. Over the last five days, the stock has lost -8.33%. Vistra Corp shares have risen nearly 77.10% since the year began. Nevertheless, the stocks have risen 174.75% over the past one year. While a 52-week high of $75.89 was reached on 04/04/24, a 52-week low of $22.67 was recorded on 01/03/24. SMA at 50 days reached $58.62, while 200 days put it at $39.70. A total of 4.4 million shares were traded, compared to the trading of 4.23 million shares in the previous session.

Levels Of Support And Resistance For VST Stock

The 24-hour chart illustrates a support level at 66.79, which if violated will result in even more drops to 65.35. On the upside, there is a resistance level at 71.07. A further resistance level may holdings at 73.91. The Relative Strength Index (RSI) on the 14-day chart is 53.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.50%. Stochastics %K at 31.92% indicates the stock is a holding.

Most Popular

[the_ad id="945"]