Clear Street raised the firm’s price target on Sunrun (RUN) to $12 from $11 and keeps a Buy rating on the shares after the company reported June quarter results with strong net subscriber value year-over-year growth of 182% and sales growth of 9%. The firm’s new target reflects a sales forecast for 2026 of 11% growth, versus its 9% prior forecast, the analyst noted.
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Read More on RUN:
- Sunrun’s Financial Struggles and Overly Optimistic Guidance Prompt Sell Rating
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