TD Cowen Starts Sunrun (RUN) at Buy

TD Cowen analyst Jeff Osborne initiates coverage on Sunrun (NASDAQ: RUN) with a Buy rating and a price target of $21.00.

The analyst comments "We initiate on RUN with a Buy rating and $21 PT. RUN is poised to drive contracted subscriber value growth (supported by higher battery attachment and ITC levels along with fixed cost absorption) through its scale and leading residential solar financier market share. RUN raises non-recourse debt against contracted subscriber value, providing confidence 2025 cash generation targets are achievable."

For an analyst ratings summary and ratings history on Sunrun click here. For more ratings news on Sunrun click here.

Shares of Sunrun closed at $9.15 yesterday.

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