Sunrun Stock: Golden Cross Sparks Bullish Sentiment, Potential Upside
Portfolio Pulse from Surbhi Jain
Sunrun Inc (NASDAQ:RUN) has shown a bullish trend with the formation of a Golden Cross on its technical chart, indicating potential upside. The stock is trading above key moving averages, and analysts have given it a strong Buy rating with a price target suggesting a 55% upside.
July 16, 2024 | 5:06 pm
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Sunrun Inc (NASDAQ:RUN) has formed a Golden Cross on its technical chart, indicating a bullish trend. The stock is trading above key moving averages, and analysts have given it a strong Buy rating with a price target suggesting a 55% upside.
The formation of a Golden Cross is a significant bullish signal, indicating that the stock may continue to rise. Additionally, the stock trading above key moving averages and positive analyst ratings with a high price target further support the bullish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100