Vista Energy is well positioned for more growth ahead, according to UBS.
The investment bank upgraded its rating on the stock to buy from neutral and increased its price target by $5 to $60, which implies nearly 32% upside from Thursday's close.
VIST YTD mountain VIST, year-to-date This year, shares have soared, rising more than 54%.
Yet, Vasconcellos believes the market is undervaluing Vista's production potential.
Of the nine analysts covering the stock, seven have issued buy or strong buy ratings, LSEG data shows.
Persons:
Tasso Vasconcellos, Brent, Vasconcellos
Organizations:
Vista Energy, UBS, SLB, Nabors Industries
Locations:
Argentina's Vaca