Sunrun Stock Is Upgraded. It’s Positioned to Navigate a ‘Volatile’ Solar Market.

Sunrun stock was rising Wednesday after an analyst at Citi upgraded the residential solar panel company on confidence that it’s well-positioned following a difficult year. Citi analyst Vikram Bagri upgraded shares of Sunrun (ticker: RUN) to Buy from Neutral but lowered his price target to $21 from $25. “The company is ideally positioned to navigate a volatile and challenging residential market in the near to medium term and positioned to pick up market share,” Bagri wrote in a research note Wednesday.