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Sunrun price target raised to $18 from $12 at Truist

Truist analyst Jordan Levy raised the firm’s price target on Sunrun to $18 from $12 and keeps a Hold rating on the shares. The company’s updated 2025 cash generation guidance of $350M-$600M drove shares up following earnings, the analyst tells investors in a research note. Truist still sees current risk/reward as balanced given the volatile residential market and increasing capital costs, but with opportunities for incremental market share gains for Sunrun, the firm added.

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