Keybanc Downgrades Sunrun to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp has downgraded Sunrun (NASDAQ:RUN) from Overweight to Sector Weight, indicating a neutral stance on the company's stock.

January 04, 2024 | 10:23 am
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Sunrun has been downgraded by Keybanc from Overweight to Sector Weight, suggesting that the stock may perform in line with the sector.
The downgrade from Overweight to Sector Weight by a Keybanc analyst implies that the stock is expected to perform similarly to other stocks in the sector, without outperforming. This neutral rating may lead to a tempered investor response, as it suggests that the analyst no longer sees the stock as outperforming its peers in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100