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Benzinga
Benzinga
Business
Henry Khederian

Sunrun (RUN) Stock Surges Again As RBC Capital Issues Outperform Rating

RUN Sunrun RBC Capital
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Sunrun Inc (NASDAQ:RUN) is experiencing another surge in positive sentiment from Wall Street, with the latest catalyst coming Monday morning. RBC Capital upgraded the residential solar company’s stock from Sector Perform to Outperform, raising its price target to $16 from $12.

What To Know: This follows a series of bullish analyst actions in recent weeks. Notably, late last week, Wells Fargo reiterated its Overweight rating while nearly doubling its price target from $8 to $14, causing the stock to soar.

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