Credit Suisse (SIX:CSGN) analyst Michael Weinstein W. maintained a Buy rating on Sunrun (NASDAQ:RUN) on Monday, setting a price target of $68, which is approximately 21.36% above the present share price of $56.03.
Weinstein W. expects Sunrun to post earnings per share (EPS) of -$0.11 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Sunrun, with an average price target of $60.89.
The analysts price targets range from a high of $79 to a low of $52.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $181.29 million and a net profit of -$83.47 million. The company's market cap is $10.99 billion.
According to TipRanks.com, Credit Suisse analyst Michael Weinstein W. is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.9% and a 66.38% success rate.
SunRun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and install solar energy systems for homeowners through its direct-to-consumer channel. It also offers plans such as monthly lease, full amount lease, purchase system, and monthly loan. The company was founded by Edward H. Fenster, Robert N. Kreamer and Lynn M. Jurich in January 2007 and is headquartered in San Francisco, CA.