Morgan Stanley Maintains Overweight on Sunrun, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Sunrun (NASDAQ:RUN) but lowered the price target from $39 to $26.
October 17, 2023 | 2:43 pm
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Morgan Stanley has maintained an Overweight rating on Sunrun but lowered the price target from $39 to $26.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in Sunrun's stock price in the short term. However, the maintained Overweight rating indicates that the analyst still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100