Why Sunrun Shares Are Soaring On Monday
Portfolio Pulse from Aaron Bry
Sunrun Inc's shares rose by over 10% following a price target increase from Morgan Stanley. The clean-energy company's price target was raised to $39 from $30. The Invesco Solar ETF also traded up by over 4%. Other clean energy stocks, like Enphase Energy Inc, also traded higher.
July 17, 2023 | 5:32 pm
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POSITIVE IMPACT
Enphase Energy Inc's stock traded higher, up about 5.5%.
The overall strength in the clean energy space has led to an increase in Enphase Energy Inc's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Sunrun's shares rose significantly following a price target increase from Morgan Stanley.
The increase in Sunrun's price target by Morgan Stanley has led to a surge in the company's stock price. This indicates a positive outlook for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Invesco Solar ETF traded up by over 4%.
The overall strength in the clean energy space has led to an increase in the Invesco Solar ETF's trading value.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50