Morgan Stanley Maintains Overweight on Sunrun, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on Sunrun (NASDAQ:RUN) and raises the price target from $31 to $35.
August 21, 2024 | 10:39 am
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Morgan Stanley has reaffirmed its Overweight rating on Sunrun and increased the price target from $31 to $35, indicating a positive outlook.
The increase in price target from $31 to $35 by a major financial institution like Morgan Stanley suggests a positive outlook for Sunrun's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100