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Fly News Breaks for May 16, 2019
RUN
May 16, 2019 | 07:30 EDT
Barclays analyst Moses Sutton started Sunrun with an Overweight rating and $21 price target. The analyst views the recent pullback in the shares on "misplaced concerns around its market share incumbency" as an opportunity to invest in a "durable solar name with most of its value-creation years ahead of it." Sutton sees "substantial" upside potential in Sunrun's portfolio given the company's "unmatched" cash generation and post-tax equity flip asset monetization advantage.
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