JP Morgan Maintains Overweight on Sunrun, Lowers Price Target to $21
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 $35 to $21.
October 19, 2023 | 7:24 pm
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Sunrun's price target has been lowered by JP Morgan from $35 to $21, although the Overweight rating is maintained.
The lowering of the price target by a significant amount indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform its peers in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100