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Time To Buy Sunrun, It's Worth $23: Morgan Stanley

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Sunrun Inc. NASDAQ:RUN - Time To Buy Sunrun, It's Worth $23: Morgan Stanley

Sunrun Inc RUN 0.43%, a provider of solar energy to homeowners, is a scalable, high-margin, high-growth company, according to Stephen Byrd of Morgan Stanley.

In a report published Monday, Byrd initiated coverage of Sunrun with an Overweight rating and $23 price target given its industry-leading margins and a "distinctive" open platform. The analyst added that the company is "well positioned" to benefit...


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