Sunrun shares are trading lower. Jefferies cut its price target on the stock from $31 to $29.
Portfolio Pulse from Benzinga Newsdesk
Sunrun shares are experiencing a decline after Jefferies reduced its price target from $31 to $29.
October 10, 2024 | 7:34 pm
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NEGATIVE IMPACT
Sunrun's stock is trading lower following Jefferies' decision to cut its price target from $31 to $29.
The reduction in the price target by Jefferies is likely to negatively impact investor sentiment, leading to a short-term decline in Sunrun's stock price. Price target adjustments by analysts can influence market perceptions and trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100