Exelon’s Utilities Select Opower for Innovative Analytics and Engagement Services to Enhance Service and Reduce Costs for Customers

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Go back to Exelon’s Utilities Select Opower for Innovative Analytics and Engagement Services to Enhance Service and Reduce Costs for Customers

Baird Cuts Price target on Opower (OPWR) to $9; Says Low Guide may Pressure the Stock

March 1, 2016 8:49 AM EST

Baird reiterated a Neutral rating on Opower (NYSE: OPWR), and cut the price target to $9.00 (from $14.00), following the company's 4Q earnings report. Q4 revenue was $40.5M vs. consensus estimates of $40.0M. Non-GAAP EPS was ($0.14) vs. ($0.15). OPWR expects Q1 revenue of $36.2M-$37.0M, and adjusted... More