Piper Sandler lowered the firm’s price target on Sunrun to $20 from $27 and keeps a Neutral rating on the shares. Heading into the Q2 renewable and alternative energy reporting season, the analyst maintains a preference for onshoring, large-scale project development. Piper highlights First Solar (FSLR), Solaredge Technologies (SEDG) and Ameresco (AMRC) as favorites within its coverage.
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