Sunrun, SunPower tumble as Barclays sees slowing residential solar demand (NASDAQ:RUN)

Specialist technician professional engineer with laptop and tablet maintenance checking installing solar roof panel on the factory rooftop under sunlight. Engineers team survey check solar panel roof.

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Sunrun (NASDAQ:RUN) -8.8% and SunPower (NASDAQ:SPWR) -2.6% in Wednesday’s trading as Barclays downgraded the companies with U.S. residential solar demand expected to slow in 2023.

While Barclays analyst Christine Cho cut Sunrun (RUN) to Equal Weight from OverweightSPWR

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