Roth MKM lowered the firm’s price target on Sunrun (RUN) to $30 from $35 and keeps a Buy rating on the shares after its wider than expected Q3 loss. The company delivered a strong Q3 MegaWatt deployment, though the stock is likely to remain weak until post-election policy uncertainty clears, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RUN: