Mizuho Maintains Buy on Sunrun, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has maintained a Buy rating on Sunrun (NASDAQ:RUN) but lowered the price target from $28 to $23.

April 19, 2024 | 5:31 pm
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NEUTRAL IMPACT
Mizuho has maintained a Buy rating on Sunrun but lowered the price target from $28 to $23.
While the maintenance of a Buy rating suggests continued confidence in Sunrun's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or company-specific risks. This mixed signal might lead to short-term price volatility as investors reassess their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100