On 12/14/23, Sunrun Inc (NASDAQ: RUN) stock enjoyed a major increase of 19.9%, closing at $17.94. Moreover, exceptionally high trading volume at 311% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 29.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, RUN is expected to continue to be Value Creation neutral.
Sunrun has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sunrun has a very high Appreciation Score of 94 but a very low Power Rating of 4, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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