BofA/Merrill Lynch Upgrades Sunrun (RUN) to Neutral
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Price: $9.71 -3.09%
Rating Summary:
22 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
22 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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BofA/Merrill Lynch analyst Julien Dumoulin-Smith upgraded Sunrun (NASDAQ: RUN) from Underperform to Neutral with a price target of $16.00 (from $15.00).
The analyst cites the valuation for the upgrade following the latest pullback noting concerns raised following the recent results is an over-reaction to the underlying message.
For an analyst ratings summary and ratings history on Sunrun click here. For more ratings news on Sunrun click here.
Shares of Sunrun closed at $13.29 yesterday.
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