Sunrun shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $30 to $39.
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Sunrun's stock and increased its price target from $30 to $39. This has led to Sunrun's shares trading higher.
July 17, 2023 | 4:21 pm
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POSITIVE IMPACT
Sunrun's stock is trading higher following Morgan Stanley's maintained Overweight rating and increased price target from $30 to $39.
Morgan Stanley's maintained Overweight rating and increased price target is a positive signal for Sunrun's stock. This indicates that the financial institution has confidence in the company's future performance, which can lead to increased investor confidence and a higher stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100