Truist Financial analyst Jordan Levy reiterated a Hold rating on Sunrun (RUN – Research Report) today and set a price target of $11.90. The company’s shares closed last Friday at $11.90.
According to TipRanks, Levy is an analyst with an average return of -16.7% and a 29.29% success rate. Levy covers the Technology sector, focusing on stocks such as SunPower, SolarEdge Technologies, and Sunrun.
In addition to Truist Financial, Sunrun also received a Hold from Deutsche Bank’s Corinne Blanchard in a report issued on February 22. However, on the same day, J.P. Morgan maintained a Buy rating on Sunrun (NASDAQ: RUN).
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RUN market cap is currently $2.61B and has a P/E ratio of -1.61.
Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RUN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sunrun (RUN) Company Description:
SunRun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and install solar energy systems for homeowners through its direct-to-consumer channel. It also offers plans such as monthly lease, full amount lease, purchase system, and monthly loan. The company was founded by Edward H. Fenster, Robert N. Kreamer and Lynn M. Jurich in January 2007 and is headquartered in San Francisco, CA.
Read More on RUN:
- Sunnova Energy downgraded to Market Perform from Outperform at Northland
- 3 Best Stocks to Buy Now, 2/23/2024, According to Top Analysts
- Sunrun Inc. Announces Pricing of Offering of $475 Million of Convertible Senior Notes
- Sunrun price target raised to $20 from $18 at BMO Capital
- Sunrun price target lowered to $27 from $31 at Piper Sandler
