Although Sunrise is coming back a bit - ACR better get the PR machine out and running if the news is good. Sunrise has traded its entire float today - that is why their price is going back up. People see it as a buying opportunity. ACR could be also if there is no bad news.
I don't understand the logic of starting coverage with a hold and also saying the 6 - 12 month price target was $11. Why not a buy? I'd consider a 60% rise in the stock in 6 - 12 months a buying opportunity!