Jefferies Maintains Buy on Sunrun, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Julien Dumoulin-Smith maintains a Buy rating on Sunrun (NASDAQ:RUN) but lowers the price target from $31 to $29.
October 10, 2024 | 6:07 pm
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NEUTRAL IMPACT
Jefferies has maintained its Buy rating on Sunrun but has lowered the price target from $31 to $29, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Sunrun's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100