Sunrun Stock Falls 7% After Analyst Cuts Price Target
Sunrun (RUN) stock fell nearly 7% this week following an analyst's price target cut from $25 to $22, despite the analyst maintaining a 'buy' recommendation. The decline was attributed to shifting investor focus away from solar energy toward other energy sectors like nuclear. The analyst, Mark Strouse of JPMorgan, cited broader reevaluations of clean energy stocks as a factor.
Topics: analyst recommendation JPMorgan solar energy stock price Sunrun