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Sunrun downgraded to Sell from Hold at GLJ Research
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Sunrun downgraded to Sell from Hold at GLJ Research

GLJ Research downgraded Sunrun (RUN) to Sell from Hold with a $7.78 price target The firm cites on Donald Trump’s Presidential victory for the downgrade. A Trump Administration “poses an existential threat” to Sunrun’s ability to stay solvent, the analyst tells investors in a research note. GLJ believes the company’s ability to “overclaim” tax credits appears at significant risk in Trump’s pending administration.

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