On May 22, Vistra Energy rose 3.03% in regular trading, trading at $154.23/share, with trading volume of $146 million. The stock extended its rally for a third consecutive session, accumulating significant gains over the period.
On the news front, the AI power demand thesis continues to gain traction, with the broader sector strength propelling Vistra higher. Jefferies recently raised its price target on Vistra to $190, maintaining a Buy rating, while the Wall Street consensus target stands at $233.19, implying substantial upside from current levels. Additionally, hedge fund Appaloosa's David Tepper more than doubled his Vistra position during Q1, increasing holdings from 945,000 shares to 2.022 million shares — a roughly 114% surge — signaling strong institutional conviction in the AI data center power supply chain.
Within the Independent Power Producers & Energy Traders sector, individual stocks showed mixed performance: Talen up 1.2%, Hallador up 3.82%, TransAlta up 0.19%, AES Corp down 0.24%, and Central Puerto S.A. down 1.04%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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