EnerNOC (ENOC) Gains on Speculative Blog Post
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EnerNOC (NASDAQ: ENOC) is seeing interest mid-day following a speculative blog post from Seeking Alpha that the company could be a takeover target of Tesla (NASDAQ: TSLA).
The blog lists five reasons why they believe this:
- The two companies offer a synergistic business plan.
- EnerNOC maintains key enterprise/utility relationships.
- Tesla needs continued revenue growth.
- EnerNOC can improve and diversify Tesla's markets.
- The valuation difference to potential impact offers a significant long-term opportunity.
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