Vistra Hit by Downgrade Despite Strong YTD Performance

about 1 month ago

Tim Stenebeck

"Vistra, this is also a stock that's in focus. But on the downside here, down as much as 5.5%. This is after we saw a rating change here. It was downgraded at Jeffries. ... no announcement yet is what's giving him pause here. So you are seeing shares pressured here as we are seeing that downgrade."

Vistra (assumed ticker VST) is experiencing pressure after a rating downgrade by Jeffries, driven by concerns over the lack of an announcement for a data center deal, even as it has shown strong year-to-date gains. This situation creates short-term caution for the stock.

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