Truist Securities Maintains Hold on Sunrun, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a Hold rating on Sunrun (NASDAQ:RUN) and increased the price target from $10 to $15.
January 23, 2024 | 5:10 pm
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Truist Securities reaffirmed a Hold rating on Sunrun and raised the price target from $10 to $15, indicating a positive outlook on the company's value.
The increase in price target by Truist Securities suggests an improved outlook on Sunrun's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Hold rating indicates that the analyst believes the stock is currently valued appropriately, but the raised target implies expectations of future growth or positive performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100