Sunrun ( ($RUN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Sunrun’s stock faced a turbulent day as Wells Fargo cut its price target from $15 to $12, driven by concerns over political uncertainty surrounding the Inflation Reduction Act and rising interest rates affecting the Clean Energy sector. This cautious stance reflects broader regulatory and macroeconomic challenges anticipated in 2025. Despite this, Exane BNP Paribas upgraded Sunrun to Outperform with a $16 price target, signaling optimism about the company’s future. However, recent insider selling has contributed to negative sentiment, potentially impacting investor confidence.
More about Sunrun
YTD Price Performance: 11.36%
Average Trading Volume: 9,439,185
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.46B
For further insights into RUN stock on TipRanks’ Stock Analysis page.
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