Barclays Maintains an 'Overweight' on Ameresco (AMRC); Expanding Portfolio of Solutions

Barclays maintains an 'Overweight' on Ameresco (NYSE: AMRC) price target of $14.00.

Barclays analyst says, "Overall, we consider Ameresco's $4.5 million acquisition of the xChange Point and Energy Projects businesses of Energy and Power Solutions a strategic positive for the company as they 1) help to expand its portfolio of solutions, and 2) should enable some additional traction in the comparatively larger commercial and industrial market."

For an analyst ratings summary and ratings history on Ameresco click here. For more ratings news on Ameresco click here.

Shares of Ameresco closed at $11.93 yesterday.

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