CNBC Pro

Needham rates Sunrun stock a buy, sees nearly 70% gain amid industry growth, battery push

Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills.
Mel Melcon | Los Angeles Times | Getty Images

Residential solar stock Sunrun should still be a long-term winner for investors even with its recent struggles, according to investment firm Needham.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls of the day: Amazon, Marvell, Honeywell, FedEx, Chipotle & more
CNBC ProDeutsche Bank initiates Peloton at buy, says the stock can rebound more than 70%
CNBC ProWall Street analysts bail on DocuSign after sales guidance comes up short