Clear Street Raises PT on Sunrun (RUN) to $14 From $12, Keeps a Buy Rating

Sunrun Inc. (NASDAQ:RUN) is one of the most buzzing stocks to invest in right now. On August 16, Clear Street raised the firm’s price target on Sunrun Inc. (NASDAQ:RUN) to $14 from $12, keeping a Buy rating on the shares.

The analyst told investors in a research note that the US Treasury issued positive guidance regarding the construction start definition for the safe harbor of the investment tax credit 48E.

The firm believes that a significant negative change to the Internal Revenue Service definition has not occurred, which proves to be a positive factor for Sunrun Inc. (NASDAQ:RUN).

Sunrun Inc. (NASDAQ:RUN) designs, develops, installs, sells, owns, and maintains residential solar energy systems. The company offers its products through three channels: solar partnerships, direct-to-consumer, and strategic partnerships.

While we acknowledge the potential of RUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.