Sunrun price target lowered to $17 from $19 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Sunrun (RUN) to $17 from $19 but keeps a Buy rating as part of a broader research note on Solar names. The firm notes that there has been some modest consolidation, with residential installers such as Sunrun focused on cash generation and likely to benefit from weaker installers exiting the market voluntarily or due to insolvency, the analyst tells investors in a research note.