Sunrun price target lowered to $20 from $30 at Roth MKM

Roth MKM lowered the firm’s price target on Sunrun (RUN) to $20 from $30 and keeps a Buy rating on the shares. The company delivered a healthy Q4 but lowered its 2025 Megawatt and cash generation outlook, the analyst tells investors in a research note. The key takeaway however is that Sunrun remains stable and is executing well in this time of challenge for others in the industry, Roth adds, noting that the company is delivering on what it can control, though the policy environment/IRA repeal risk remain a challenge.