Sunrun's price target has been lowered by UBS Group from $18 to $14, suggesting a potential upside of 21.21% based on Wall Street's closing price. This downward revision aligns with a trend of reduced forecasts from various research firms, which have expressed concerns about the company's growth rate.
Analysts have observed a slowdown in the company's expansion and declining revenues, which have contributed to the adjusted valuations. Despite these revisions, Goldman Sachs maintains a "buy" recommendation with a $20 price target, indicating a more positive long-term outlook for Sunrun.
Morgan Stanley has also decreased its target from $35 to $27, while Wells Fargo has lowered its target from $20 to $15. Currently, Sunrun's stock is rated as "Hold," with target predictions ranging from $7.78 to $27, as the solar energy sector faces increasing competition.