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ENERNOC INC. (ENOC) [hlAlert]

Rating:
Hold ENOC

ENERNOC INC. (ENOC) rated Hold with price target $19 by Deutsche Bank

Posted on: Thursday,  Feb 17, 2011  1:25 PM ET by Deutsche Bank

ENERNOC INC. (NASDAQ: ENOC)
rated Hold with price target $19 by Deutsche Bank.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2011 1:25 PM Hold
None
18.02 19.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2010 2:25 PM Hold
None
33.10 34.00

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