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Sunrun price target raised to $30 from $20 at Roth Capital

Roth Capital raised the firm’s price target on Sunrun (RUN) to $30 from $20 and keeps a Buy rating on the shares. The company delivered a mixed Q3 but a healthy implied Q4 guide, the analyst tells investors in a research note. Sunrun is well-positioned given the allowance of residential Third-Party Ownership systems, in contrast with the expiration of the 25D homeowner Investment Tax Credit, the analyst tells investors in a research note.

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