Why Sunrun Stock Popped 14.8% Today

·2 min read
Why Sunrun Stock Popped 14.8% Today

Shares of residential solar installer Sunrun (NASDAQ: RUN) jumped as much as 14.8% in trading on Wednesday after getting a big upgrade from analysts at Morgan Stanley. Morgan Stanley kept its overweight rating on shares of Sunrun but increased its price target from $86 to $91 per share. Analyst Stephen Byrd said this is "the most compelling clean energy stock" he covers and Sunrun could be a big player in electric vehicles eventually.

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