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.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RUN:
