19 Trending AI Stocks on Latest Analyst Ratings and News

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7. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 92  

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. The company recently announced that it had formed a partnership with solar firm Sunrun on a residential battery aggregation program in Texas. Under the terms of the deal, the flagship TXU Energy retail electricity brand of Vistra would be paired with the Battery Rewards program of Sunrun for supporting grid reliability in Texas by aggregating power from residential solar-connected batteries. According to the deal, TXU Energy customers with Sunrun home solar panels and batteries will receive financial incentives for participating while retaining control of their systems during power outages or severe weather conditions.

The new deal is just one of the many reasons to be bullish on Vistra Corp. (NYSE:VST) stock in the long term. Seaport Research analyst Angie Storozynski recently raised the price target on the shares to $116 from $110 and kept a Buy rating, noting that even after a price rally this year, the firm continued to trade at attractive double-digit free-cash-flow yields.

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