Sunrun Inc (NASDAQ: RUN) stock enjoyed a major increase of 11.0% on 8/7/24. The shares closed at $18.31. Moreover, unusually high trading volume at 190% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, RUN is expected to be a modest Value Builder.
Sunrun has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sunrun has a very high Appreciation Score of 92 but a slightly negative Power Rating of 33, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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