Sunrun price target lowered to $14 from $23 at Barclays

Barclays lowered the firm’s price target on Sunrun (RUN) to $14 from $23 and keeps an Equal Weight rating on the shares. Q1 results will reflect affiliate cuts and seasonal volume declines, says the analyst, who believes the company will likely lean more heavily on asset sales in 2026 to offset tax equity softness. Return of capital is “on the horizon, but not in the immediate term,” adds that analyst, who thinks buybacks or special dividends appear “more realistic” in the second half of 2026 or 2027 once leverage and covenant thresholds are met.