Latest news with #Dumoulin-Smith
Yahoo
29-05-2025
- Business
- Yahoo
Jefferies Trims Sunrun Price Target Amid IRA Uncertainty
Jefferies analyst Julian Dumoulin-Smith lowered his price target for Sunrun Inc. (NASDAQ:RUN) from $7 to $6 on May 28, while maintaining a Hold rating on the company's shares. The change coincides with House debates over the Inflation Reduction Act (IRA) amendments and the expectation of additional leniency from the Senate. The crucial question for Sunrun Inc. (NASDAQ:RUN), according to Dumoulin-Smith, is whether the Senate will opt to lift the 2026 deadline for residential leases. The company might be able to extend the Investment Tax Credit runway with a strong safe harbor strategy, the analyst said, if the Senate votes in favor of it. That said, Jefferies advises investors to stay alert for any updates on IRA modifications since there will likely be continuous stock volatility in the near future. Sunrun Inc. (NASDAQ:RUN) is a leading American renewable energy subscription service provider, delivering energy storage and solar for homes at no upfront fees. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Jefferies Trims Sunrun Price Target Amid IRA Uncertainty
Jefferies analyst Julian Dumoulin-Smith lowered his price target for Sunrun Inc. (NASDAQ:RUN) from $7 to $6 on May 28, while maintaining a Hold rating on the company's shares. The change coincides with House debates over the Inflation Reduction Act (IRA) amendments and the expectation of additional leniency from the Senate. The crucial question for Sunrun Inc. (NASDAQ:RUN), according to Dumoulin-Smith, is whether the Senate will opt to lift the 2026 deadline for residential leases. The company might be able to extend the Investment Tax Credit runway with a strong safe harbor strategy, the analyst said, if the Senate votes in favor of it. That said, Jefferies advises investors to stay alert for any updates on IRA modifications since there will likely be continuous stock volatility in the near future. Sunrun Inc. (NASDAQ:RUN) is a leading American renewable energy subscription service provider, delivering energy storage and solar for homes at no upfront fees. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
CenterPoint Energy's EPS Forecast Prompts Jefferies To Lift Price Target
Julien Dumoulin-Smith, a Jefferies analyst, reiterated his Buy rating on CenterPoint Energy, Inc. (NYSE:CNP) on May 27 while raising his price target from $42 to $43. The analyst's optimism around CNP is predicated on the expectation of more capital expenditure, which is thought to have the potential to surpass the present upside scenario of $2 billion by an additional $3 billion. With an anticipated 8.4% compound annual growth rate in earnings per share over the coming five years, until 2029, CenterPoint Energy's future appears promising. The company's strong cash flow, which might gain from either the extension or the resale of mobile generation assets in 2030, as well as the possible sale of additional gas Local Distribution Company (LDC) assets, supports this forecast. Additionally, Dumoulin-Smith predicts that the company's funds from operations to debt (FFO/D) ratio will improve, rising to 14.4% from the 13.8% predicted for this year—a 60-basis-point increase. While we acknowledge the potential of CNP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CNP and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None.
