Sunrun stock price showed a mild rally to $13

Sunrun stock price showed a mild rally to $13.80 after bullish analyst commentary predicting higher installation growth for Get this delivered to your inbox, and more info about our products and services. jumped 8.4% in the afternoon session after Jefferies upgraded the stock from "Hold" to "Buy" and significantly raised its price target. Analyst Julien Dumoulin-Smith adjusted the price target to $21 from a previous $11, a substantial increase of over 90%. This move from the investment firm reflected a much more positive outlook for the company. Upgrades of this nature often signal to the market that an analyst sees improving business conditions for the company, which can attract investor interest and boost share prices. Sunrun stock price closed at $13.62, up 0.8% after strong sector rotation into green energy plays. Solar stocks showed resilience following DOE announcements of extended tax credits. This may further bolster Sunrun’s installation pipeline. Market technicians note 50-day moving average support near $13.40, limiting near-term downside risk.