IPO Newbie Sunrun Pitted Against Leader SolarCity

By | September 8, 2015

Scalper1 News

Recent IPO Sunrun (RUN) will eclipse No. 1 residential solar installer SolarCity (SCTY) in terms of net present value by 2017, a Morgan Stanley analyst wrote in a research report Tuesday. Stephen Byrd initiated coverage on Sunrun stock with an overweight rating and a price target of 23. Morgan Stanley is at least the fifth investment bank to initiate Sunrun coverage since the company filed its IPO last month. Goldman Sachs and Bank of America rate Scalper1 News

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