Goldman Sachs Upgrades Vistra to Buy Following Major Nuclear Deal with Meta

Goldman Sachs has upgraded Vistra Corp (VST) from Neutral to Buy, highlighting a favorable entry point for investors following a recent decline in share price. The upgrade follows the company's successful 20-year power purchase agreement with Meta Platforms to provide carbon-free energy from its nuclear facilities. Analysts believe this long-term contract validates Vistra’s strategic focus on nuclear energy and provides significant revenue visibility for the coming decades. The bank also cited rising earnings estimates driven by the increasing demand for clean energy solutions from major technology firms. Currently, over 90% of market analysts maintain a bullish sentiment on the stock, with price targets suggesting substantial upside potential. This institutional backing underscores Vistra's pivotal role in supporting the energy-intensive infrastructure required for data centers and artificial intelligence.