Sunrun Inc. RUN was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $ 5.33–$ 6.67 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after analysts at Credit Suisse initiated highly bullish coverage on the stock.
The company has seen one positive estimate revision in the past two months. Its Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sunrun currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Sunrun Inc. Price and Consensus
Another stock worth considering in the Solar industry is First Solar, Inc. FSLR which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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First Solar, Inc. (FSLR): Free Stock Analysis Report
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