Reported 1 day ago
Goldman Sachs has reaffirmed its ‘Buy’ rating for Sunrun Inc. (NASDAQ:RUN) with a price target of $19, following the company's recent $510 million securitization of solar leases and power purchase agreements. This funding initiative allows Sunrun to raise over $1.5 billion through various debt financings, contributing to a remarkable 150% rise in its share price over the past six months.
Source: YAHOO