EnerNOC (ENOC) Tops Q1 EPS by 31c

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Needham & Company Raises Price Target on EnerNOC (ENOC) to $12 Following 1Q Beat

May 6, 2016 8:24 AM EDT

Needham & Company reiterated a Buy rating on EnerNOC (NASDAQ: ENOC), and raised the price target to $12.00 (from $10.00), following the company's 1Q earnings report. ENOC reported $54M in revenue, and ~$1.18 EPS loss, vs. management's expectations for $46-52M and ($1.82-1.72). The Street estimated $49.2M and... More