economy
February 10, 2026
This power stock has 30% upside thanks to future data center deals, Jefferies says
This power stock's shares have pulled back 25% since September, providing an attractive entry point, according to Jefferies.
TL;DR
- Jefferies upgraded Vistra Corp. to 'buy'.
- The upgrade is based on the argument that the share price does not reflect the potential for future data center deals.
- Jefferies increased its 12-month price target to $203 per share from $191.
- This suggests an approximate 30% upside potential from the current stock price.
- Vistra shares are down about 25% since a September deal to supply power from its Comanche Peak nuclear plant.
- Data center developers are creating strong demand for power from existing nuclear plants.
- Jefferies believes the current stock pullback offers an attractive entry point.
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