Vistra Corp

VST: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$63.00	Ygkkl	Znrrgjfn

Vistra Should Benefit If Texas Moves Toward Reliability Payments for Generators

Travis Miller

Jan 19, 2023

We are reaffirming our $23 fair value estimate for Vistra Energy as momentum builds for a new system of reliability payments that would go to Texas generators like Vistra. We are reaffirming our no-moat, High Uncertainty, and stable moat trend ratings.

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