Jefferies Initiates Coverage On Sunrun with Buy Rating, Announces Price Target of $25
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dushyant Ailani has initiated coverage on Sunrun (NASDAQ:RUN) with a Buy rating and set a price target of $25 for the company's stock.

December 15, 2023 | 10:03 am
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Jefferies has initiated coverage on Sunrun with a Buy rating and a price target of $25, which may positively influence investor sentiment and the stock price.
Analyst ratings, especially from reputable firms like Jefferies, can significantly impact stock prices in the short term. A Buy rating suggests that the analyst sees potential in the company's future performance, which can lead to increased investor confidence and upward pressure on the stock price. The announcement of a price target above the current market price further reinforces this positive outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100