RUN Stock: $87 Target By Evercore

By Amit Chowdhry ● April 20, 2021
  • The shares of Sunrun Inc (NASDAQ: RUN) have received a price target of $87 by Evercore. These are the details.

The shares of Sunrun Inc (NASDAQ: RUN) have received a price target of $87 by Evercore. And Evercore analyst James West had initiated coverage of Sunrun with an “Outperform” rating.

West noted that Sunrun was the clear “U.S. residential solar market leader” has a solar as a service model that provides recurring and contracted revenue.

And West – who believes Sunrun has scale advantages in a massively underpenetrated market – had added Sunrun to the brokerage’s Best SMID Long Term “Core” Ideas in connection with the initiation of the shares.

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