Susquehanna Maintains Positive on Sunrun, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Sunrun (NASDAQ:RUN) but lowers the price target from $25 to $23.
May 09, 2024 | 12:10 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on Sunrun but reduces the price target from $25 to $23.
While the maintenance of a Positive rating suggests continued confidence in Sunrun's business model and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or company-specific factors. This mixed signal might lead to short-term price volatility as investors reassess their expectations based on the new target price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100