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Sunrun price target raised to $13 from $12 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on Sunrun (RUN) to $13 from $12 and keeps a Positive rating on the shares. The firm said they reported 2Q results, beating expectations on both installations and Net Subscriber Value. RUN installed 392 MwH of batteries in 2Q, another quarterly record, as attach rates reached 70% and RUN’s industry-share was over 40%.

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