Sunrun price target raised to $26 from $16 at UBS

UBS raised the firm’s price target on Sunrun (RUN) to $26 from $16 and keeps a Buy rating on the shares. Sunrun is well-positioned to benefit from the expiration of the 25D residential clean energy tax credits available to homeowners at year-end 2025, after signing of the One Big Beautiful Bill, as well as the continued belief that the market is underestimating the total capacity growth needed over the next several years to meet the country’s growing electricity demand, the analyst tells investors in a research note. Sunrun is having an increasingly significant part to play in the residential solar market as capacity additions of any kind come into focus, UBS adds.