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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NEUTRAL IMPACT
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