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Fly News Breaks for January 16, 2020
Jan 16, 2020 | 05:07 EDT
JPMorgan analyst Mark Strouse initiated coverage of Sunrun with an Overweight rating and $19 price target. The shares should attract investors looking for exposure to the de-carbonization, decentralization, and digitization of energy, Strouse tells investors in a research note. He believes Sunrun is well positioned within the "high-growth" U.S. residential rooftop solar market, adding that its leading scale could present adjacent opportunities for growth.