SunRun stock rises after Citi upgrades solar company to buy from neutral

SunRun Inc. stock
RUN,
+6.13%
was up by 2.4% on Wednesday after Citi upgraded the residential solar panel installing company to buy/high risk from neutral/high risk. Analyst Vikram Bagri said SunRun is not getting due credit for its market share gains and customer shift to third-party ownership of solar panels, and its demonstrated success selling battery storage. The stock is “conservatively” worth about $21 a share in the long run, up from about $15.50 now, Citi said.