Sunrun Stock (NASDAQ:RUN) Upgraded On Strong Growth Setup, Price Target Soars
Sunrun Inc. (NASDAQ: RUN) has seen its stock garner renewed favor, fueled by positive analyst sentiment and favorable policy developments. The recent shift in analyst perspective and encouraging financial performance have contributed to a notable uptick in market confidence.
Following a series of adjustments, Jefferies upgraded Sunrun’s rating to ‘Buy’ from ‘Hold’, simultaneously raising the price target significantly to $21 from the previous $11. This upgrade is underpinned by expectations of substantial cash generation in the second half of the year and a robust growth trajectory extending into 2026. The firm’s analysis points to Sunrun’s leading position as a residential solar third-party owner (TPO) in the U.S. market as a…
