Sunrun price target lowered to $15 from $22 at Jefferies

Jefferies analyst Julien Dumoulin-Smith lowered the firm’s price target on Sunrun (RUN) to $15 from $22 and keeps a Hold rating on the shares. Investors remain cautious on volumes and cash generation, notes the analyst, who says that while FY26 may not be a growth year, the firm remains constructive on Sunrun’s disciplined approach amid rising market uncertainty. The firm sees the company generating cash even in a lower-growth environment beyond 2026, the analyst added.