Sunrun price target lowered to $15 from $17 at UBS

UBS lowered the firm’s price target on Sunrun (RUN) to $15 from $17. Sunrun’s Q4 results were in line with the firm’s expectations, though cash generation guidance for 2025 was cut by 26% at the midpoint and Q1 capacity installed guidance was below the firm’s initial expectations, the analyst tells investors in a research note. The firm keeps a Buy rating on Sunrun with a leading market share in residential solar as the country addresses load growth needs and increasing battery attach rates, which UBS expects to continue.