KD Logo

Janney initates Vistra Corp (VST) rating to a Buy

Vistra Corp’s filing revealed 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 $12.29 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 $10.8 million.

Janney initiated its Vistra Corp [VST] rating to a Buy in a research note published on April 18, 2024; the price target was $82. A number of analysts have revised their coverage, including BofA Securities’s analysts, who remained covering the stock and in late September has reiterated a ‘”a Buy”‘ rating for it. Guggenheim also remained covering VST and has increased its forecast on July 22, 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 jump 1.61% to $66.72. Over the last five days, the stock has lost -2.20%. Vistra Corp shares have risen nearly 73.21% since the year began. Nevertheless, the stocks have risen 180.57% 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 $60.96, while 200 days put it at $40.71. A total of 4.51 million shares were traded, compared to the trading of 7.6 million shares in the previous session.

Levels Of Support And Resistance For VST Stock

The 24-hour chart illustrates a support level at 65.36, which if violated will result in even more drops to 64.00. On the upside, there is a resistance level at 68.04. A further resistance level may holdings at 69.37. The Relative Strength Index (RSI) on the 14-day chart is 50.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.85%. Stochastics %K at 14.01% indicates the stock is a buying.

Most Popular

[the_ad id="945"]