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Sunrun stock drops after analysts lower price targets and director Lynn Jurich sells 50,000 shares
Research analysts have reduced Sunrun Inc.'s price targets in recent weeks. TD Cowen cut its target to $16 from $21, while Susquehanna lowered its goal to $18, Barclays to $14, and JPMorgan Chase & Co. to $22. The consensus rating remains a Hold with an average target of $18.54.
Director Lynn Michelle Jurich sold 50,000 Sunrun shares on August 3 at an average price of $9.96, a transaction worth about $498,000. The sale, executed under a Rule 10b5‑1 plan, reduced her ownership by roughly 12% to 367,405 shares valued at about $3.66 million.
Entities
Barclays · JPMorgan Chase & Co. · Lynn Michelle Jurich · Sunrun Inc. · TD Cowen