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Why Sunrun Stock Popped 14.8% Today

TheMotleyFool

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Shares of residential solar installer Sunrun (NASDAQ: RUN) jumped as much as 14.8% in trading on Wednesday after getting a big upgrade from analysts at Morgan Stanley. Shares held their gains for most of the day and are up 11.3% at 3:40 p.m. EDT.

Morgan Stanley kept its overweight rating on shares of Sunrun but increased its price target from $86 to $91 per share. Analyst Stephen Byrd said this is "the most compelling clean energy stock" he covers and Sunrun could be a big player in electric vehicles eventually.

Image source: Getty Images.

Source Fool.com

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