Canaccord Genuity Maintains a 'Buy' on EnerNOC (ENOC); PJM First Look is Pretty Good
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Price: $7.65 --0%
Rating Summary:
1 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
1 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Canaccord Genuity maintains a 'Buy' on EnerNOC (NASDAQ: ENOC) price target of $11.50.
Analyst, John Quealy, said, "After a very tough TTM for shares, visibility is clearly improving into ’13, as order flow and margins outperform and a return to execution is the focus...We expect that EnerNOC has maintained is market leadership (~30%+ share), noting that the company pledged financial assurances of ~$52M (on top of collateralized customers). EnerNOC recognizes PJM revenues in Q3 period (PJM was 53% of revs in ’11)."
For an analyst ratings summary and ratings history on EnerNOC click here. For more ratings news on EnerNOC click here.
Shares of EnerNOC closed at $5.57 yesterday.
Analyst, John Quealy, said, "After a very tough TTM for shares, visibility is clearly improving into ’13, as order flow and margins outperform and a return to execution is the focus...We expect that EnerNOC has maintained is market leadership (~30%+ share), noting that the company pledged financial assurances of ~$52M (on top of collateralized customers). EnerNOC recognizes PJM revenues in Q3 period (PJM was 53% of revs in ’11)."
For an analyst ratings summary and ratings history on EnerNOC click here. For more ratings news on EnerNOC click here.
Shares of EnerNOC closed at $5.57 yesterday.
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