Sunrun shares are trading lower after Truist Securities downgraded the stock from Buy to Hold and lowered its price target from $30 to $12.
Portfolio Pulse from Benzinga Newsdesk
Sunrun's stock has been downgraded from Buy to Hold by Truist Securities, which also lowered its price target from $30 to $12. This has resulted in Sunrun shares trading lower.
October 04, 2023 | 2:23 pm
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Sunrun's stock has been downgraded by Truist Securities, leading to a decrease in its share price.
The downgrade from Truist Securities, a significant financial institution, has a direct impact on Sunrun's stock. The lowering of the price target from $30 to $12 indicates a negative outlook for the stock, leading to a decrease in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100