Deutsche Bank Downgrades Sunrun to Hold, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard has downgraded Sunrun (NASDAQ:RUN) from Buy to Hold and lowered the price target from $27 to $15.
October 20, 2023 | 9:13 am
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Sunrun's stock has been downgraded from Buy to Hold by Deutsche Bank, with a lowered price target from $27 to $15.
The downgrade from Buy to Hold indicates a less optimistic outlook for the company's stock. The lowered price target from $27 to $15 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock price in the short term.
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