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down 55.21 %

ENERNOC INC. (ENOC) rated Buy with price target $30 by Canaccord Genuity

Posted on: Friday,  Nov 15, 2013  12:25 PM ET by Canaccord Genuity

Canaccord Genuity rated Buy ENERNOC INC. (NASDAQ: ENOC) on 11/15/2013, when the stock price was $18.60. Since
then, ENERNOC INC. has lost 55.22% as of 01/28/2016's recent price of $8.33.
If you would have followed this Canaccord Genuity's recommendation on ENOC, you would have lost 55.21% of your investment in 804 days.

EnerNOC, Inc. (EnerNOC) is a developer and provider of clean and intelligent energy solutions. The Company uses its Network Operations Center (NOC) to remotely manage and reduce electricity consumption across a network of commercial, institutional and industrial customer sites to enable a more information-based and responsive, or intelligent, electric power grid. The Company?s customers are electric power grid operators and utilities, as well as commercial, institutional and industrial end users of electricity. As of December 31, 2008, the Company managed approximately 2,050 megawatts of technology-enabled demand response capacity from approximately 1,650 different commercial, institutional and industrial customers in the demand response network across approximately 4,000 customer sites. In May 5, 2008, the Company acquired South River Consulting, LLC (SRC), an energy procurement and risk management services provider. In June 2009, the Company acquired eQuilibrium Solutions, Inc.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 12:25 PM Buy
18.60 30.00
as of 12/13/2013
1 Week up  5.31 %
1 Month down  -10.59 %
3 Months   
1 YTD down  -10.59 %

(*) Stock Price at the time of the recommendation.
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