Mizuho Maintains Buy on Sunrun, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has reaffirmed a Buy rating on Sunrun (NASDAQ:RUN) and increased the price target from $23 to $28, indicating a positive outlook on the company's stock.
January 03, 2024 | 3:44 pm
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Mizuho analyst Maheep Mandloi maintains a Buy rating on Sunrun and raises the price target from $23 to $28, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and a potential rise in the stock price in the short term as market participants react to the analyst's updated valuation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100