Sunrun Stock Shines on Earnings, Tesla Team-Up
Sunrun(RUN) Schaeffers Investment Research·2024-08-07 23:11
Sunrun Inc (NASDAQ:RUN) stock is surging today, last seen up 13.9% to trade at $18.78, headed for its largest single-day percentage pop since mid-July. The solar panel company reported better-than-expected second-quarter results, with earnings of 55 cents per share far surpassing the 33 cent loss anticipated by analysts. Furthermore, the company announced it was teaming up with Tesla (TSLA) for a power plant in Texas. A flood of analysts lifted their price targets on Sunrun stock in response, the highest co ...