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M&T Bank Corp Buys New Position in Sunrun Inc. $RUN
M&T Bank Corp has acquired a new stake in Sunrun Inc. (NASDAQ:RUN), purchasing 201,648 shares valued at $3.71 million. Despite insider sales totaling over $13 million by CRO Paul S. Dickson and CFO Danny Abajian for tax withholding, Sunrun exceeded Q4 earnings expectations with $0.38 EPS and $1.16 billion in revenue. Analysts currently hold a “Hold” consensus rating for Sunrun with an average price target of $18.63.