JP Morgan Maintains Overweight on Sunrun, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on Sunrun (NASDAQ:RUN) but lowered the price target from $38 to $35.

September 15, 2023 | 2:23 pm
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NEGATIVE IMPACT
Sunrun's price target has been lowered from $38 to $35 by JP Morgan, though the Overweight rating is maintained.
The lowering of the price target by JP Morgan could lead to a negative sentiment among investors, potentially causing a short-term decrease in Sunrun's stock price. However, the maintained Overweight rating indicates that the stock is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100