BUZZ - Sunrun shares surge as its Q3 revenue beats expectations

November 5 - ** Solar company Sunrun RUN.O shares rose 19.8% in pre-market trading to $10.5

** According to data compiled by London Stock Exchange Group (LSEG), RUN link reported third-quarter revenue of $1.1 billion, exceeding analysts’ expectations of $774 million

** The company reported a third-quarter storage attachment rate of 75%, up from 70% a year earlier; this data reflects the proportion of solar installations equipped with battery storage systems

** The report showed a 9% year-on-year increase in subscription users in the third quarter

** The company said that third-quarter performance reflected growth in revenue from energy system and product sales

** Out of 21 brokerages, 12 rated the stock as “buy” or higher, 8 as “hold,” and 1 as “sell”; the median price target was $12 — LSEG data

** As of the close of the previous trading day, the stock had fallen 52.2% so far this year

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