Sunrun Inc (NASDAQ: RUN) stock suffered a major decline of -29.6% on 11/6/24. The shares closed at $11.90. Moreover, this decline was accompanied by exceptionally high trading volume at 516% of normal. The stock has declined -15.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sunrun has a good Power Rating of 85 and a very high Appreciation Score of 94, leading to the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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