Vistra Energy Corp.'s stock soared 5.04% during intraday trading on Friday.
The surge comes as Jefferies maintained its Buy rating on the stock despite cutting its price target to $192 from $203. Analysts polled by FactSet give Vistra an average rating of buy with a mean price target of $240, indicating significant upside potential from current levels.
Additionally, bullish option flow was detected in Vistra Energy with call volume trading at 1.9 times expected levels and implied volatility increasing nearly 2 points to 60.91%, signaling heightened investor optimism.