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Top related persons:
Joseph Osha - 1 Sunrun - 1 Michael Bloom - 1
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California
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Guggenheim - 1 Osha - 1

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☆ Shares of this residential solar company could more than double, predicts Guggenheim
  + stars: | 2023-09-21 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
Growing solar panel installations and a smart play around interest rates are set to propel shares of Sunrun higher, according to Guggenheim. Analyst Joseph Osha reiterated his buy rating for the residential solar company in a note Thursday and raised his price target to $36 from $35. "We believe that RUN should be the best-performing of the residential solar developer stocks for this year and next," Osha wrote. Osha's upgrade comes even as Sunrun shares have plummeted almost 44% in 2023, underperforming even the Invesco Solar ETF (TAN) , which is down 26% during that time. "Our 9% outlook for RUN's MW installations is moderately above consensus."
Persons: Joseph Osha, Sunrun, Michael Bloom Organizations: Guggenheim, Osha Locations: California
☆ This solar energy tech stock could surge more than 50%, Guggenheim says
  + stars: | 2023-05-09 | by ( Hakyung Kim | Https | Www.Linkedin.Com In Hakyungkim | ) www.cnbc.com   time to read: +2 min
Guggenheim says Shoals Technologies is poised to see big market share gains as demand grows. Shoals produces electric balance of system, or EBOS, components for solar energy projects. The solar energy tech company's adjusted first-quarter earnings and revenue topped analysts' estimates. "Demand is solid, but we think SHLS's success is also driven by market share gains. The analyst noted that Shoals hasn't been willing to offer any details on the magnitude of its other business efforts besides solar energy.
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