Renewable Energy Stock Surges on BMO Capital Bull Note
Shares of energy name Sunrun Inc (NASDAQ:RUN) are up 3.9% to trade at $21.49 this morning, earlier tapping a two-year high of $22.44, enjoying a lift off a fresh bull note out of BMO Capital. The brokerage firm upgraded RUN to "market perform" from "underperform" and lifted its price objective to $19 from $10. The analyst cited an improved cash position and an ability to pay buybacks and shareholder returns in the coming year. The renewable energy name has been an outperformer on the charts, adding 134.4% s ...