KeyBanc Reaffirms Overweight on Vistra (VST) After $4B Cogentrix Acquisition

18 hours ago 2

Skip to navigation Skip to main contented Skip to close file

Ghazal Ahmed

Sat, January 10, 2026 astatine 7:43 AM CST 1 min read

Vistra Corp. (NYSE:VST) is 1 of the AI Stocks Gaining Attention connected Wall Street. On January 6, KeyBanc expert Sophie Karp reiterated an Overweight standing connected the banal with a $217.00 terms target.

The standing affirmation follows Vistra’s caller announcement that it volition bargain Cogentrix Energy from Quantum Capital Group successful a woody valued astatine estimated $4 billion.

The institution has entered a definitive statement to get Cogentrix’s portfolio of 10 earthy state plants totaling 5,496 MW crossed PJM, ISO-New England, and ERCOT markets. The woody values the portfolio astatine an estimated $730/kW and astir 7.25x 2027E adjusted EBITDA.

Keybanc describes this arsenic charismatic compared to Vistra’s pre-deal procreation portfolio valued astatine an estimated $1,700/kW. As per the firm’s report, Vistra forecasts the woody to present mid-single-digit accretion successful 2027 and high-single-digit accretion connected mean implicit 2027-2029.

While we admit the imaginable of VST arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 11 AI Stocks connected the Market’s Radar and 10 AI Stocks Analysts Are Watching Closely

Disclosure: None.