Sunrun price target lowered to $6.73 from $15.89 at GLJ Research

GLJ Research lowered the firm’s price target on Sunrun (RUN) to $6.73 from $15.89 and keeps a Sell rating on the shares. The firm views the shares as “materially overvalued.” The stock “is pricing in an outcome that the underlying cash flow trajectory does not support,” the analyst tells investors in a research note.