Shares of Sunrun Inc (NASDAQ:RUN) are down 3.4% to trade at $10.56 this morning, brushing off a maintained "overweight" rating and price-target hike to $14 from $8 at Wells Fargo. The brokerage cited a strong long-term cash generation outlook. Analysts are leaning bearish, with 11 of 21 in coverage sporting "hold" or worse recommendation. In other words, more bullish attention could be on the horizon for RUN.
RUN is now eyeing a fifth-straight daily drop, though it still remains above the $10 mark, a level of support for the shares last month. In 2025 the equity has added 14.5%, but has been struggling to break back above the $12.50 area.
Short sellers have been unwinding, down 7.2% during the most recent reporting period. This accounts for a hefty 25.6% of the stock's total available float, or 2 days' worth of pent-up buying energy.
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