UPDATE: Credit Suisse Upgrades EnerNOC (ENOC) to Outperform, $23 Price Target
Tweet
Share
E-mailGet Alerts ENOC Hot Sheet
Price: $7.65 --0%
Rating Summary:
1 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Credit Suisse upgraded shares of EnerNOC (NASDAQ: ENOC) to an Outperform rating from its previous rating of Neutral on May 16, 2011. The firms current price target is $23.
The firm comments that the upgrade reflects better than expected PJM power market auction results that it believes likely secured growth into 2014.
Credit Suisse also commented that the uncertainty surrounding proposed demand response compensation rule changes is now fully priced into the stock.
For more ratings news on EnerNOC click here and for the rating history of EnerNOC click here.
Shares of EnerNOC closed at $17.05 yesterday.
The firm comments that the upgrade reflects better than expected PJM power market auction results that it believes likely secured growth into 2014.
Credit Suisse also commented that the uncertainty surrounding proposed demand response compensation rule changes is now fully priced into the stock.
For more ratings news on EnerNOC click here and for the rating history of EnerNOC click here.
Shares of EnerNOC closed at $17.05 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freedom Broker Upgrades Serve Robotics (SERV) to Buy
- CIBC Upgrades PRO REIT (PRV-U:CN) to Outperformer
- New Street Research Upgrades Micron Technology (MU) to Buy
Create E-mail Alert Related Categories
UpgradesRelated Entities
Credit SuisseSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
