Jefferies Maintains Buy on Sunrun, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dushyant Ailani maintains a Buy rating on Sunrun (NASDAQ:RUN) but lowers the price target from $32 to $26.
May 09, 2024 | 7:24 pm
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Jefferies maintains a Buy rating on Sunrun but lowers the price target from $32 to $26.
While the reduction in the price target could suggest a more cautious outlook on Sunrun's short-term price potential, the maintenance of a Buy rating indicates a continued positive long-term view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained buy recommendation.
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IMPORTANCE 75
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