Vistra Corp
VST: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$25.00 | Zqhf | Zbtxbyyzc |
Vistra Backs Robust Near-Term and Long-Term Cash Flow Outlook
We are reaffirming our $23 fair value estimate for Vistra Corp. after the company reported $1.04 billion adjusted EBITDA in the third quarter and management tightened its 2022 full-year EBITDA guidance range to $3.0 billion-$3.2 billion, near the high end of its initial guidance range and in line with our forecast. We are reaffirming our no-moat and negative moat trend ratings.