BMO Capital Downgrades Sunrun to Market Perform, Announces $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar has downgraded Sunrun (NASDAQ:RUN) from Outperform to Market Perform and set a price target of $12.
November 02, 2023 | 12:44 pm
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NEGATIVE IMPACT
Sunrun has been downgraded by BMO Capital from Outperform to Market Perform with a new price target of $12.
The downgrade from Outperform to Market Perform by BMO Capital indicates a less optimistic outlook for Sunrun. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $12 also suggests a potential downside from the current trading price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100