Renewable Energy Stock Surges on BMO Capital Bull Note
Schaeffers Investment Research·2025-10-15 14:23

Group 1 - Sunrun Inc's shares increased by 3.9% to $21.49, reaching a two-year high of $22.44, following an upgrade from BMO Capital [1] - BMO Capital upgraded Sunrun from "underperform" to "market perform" and raised its price target from $10 to $19, citing an improved cash position and potential for buybacks and shareholder returns [1] - The stock has shown strong performance, gaining 134.4% in 2025, supported by an ascending 30-day moving average [2] Group 2 - There is potential for further bullish sentiment, as nine brokerages currently have a "hold" or worse recommendation on Sunrun, indicating room for price target increases [2] - The average 12-month price target for Sunrun is $16.76, which is 22.4% lower than the recent closing price, suggesting potential for upward adjustments [2] - Options for Sunrun appear attractive, with a Schaeffer's Volatility Index (SVI) of 111%, indicating low volatility expectations compared to historical readings [3]