Oppenheimer raised the firm’s price target on Sunrun (RUN) to $25 from $23 and keeps an Outperform rating on the shares. While investors may find subscriber value capture trends difficult to decipher, the firm notes free cash flow generation in 2025 and continuing in 2026 along with focus on higher ROI opportunities will result in improving equity returns for the company. Oppenheimer is encouraged by in-house installation efficiency improvements, increasing storage attach rates, and growing traction with utilities to solve voltage stability and power availability challenges.
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