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up 303.12 %

ENERNOC INC. (ENOC) rated Underperform with price target $9 by Wedbush

Posted on: Monday,  Jun 6, 2011  9:25 AM ET by Wedbush

Wedbush rated Underperform ENERNOC INC. (NASDAQ: ENOC) on 06/06/2011. Previously Wedbush rated Underperform ENERNOC INC. (NASDAQ: ENOC) on 08/05/2010.,
when the stock price was $33.58. Since then, ENERNOC INC. has lost 75.19% as of 01/28/2016's recent price of $8.33.
If you would have followed the previous Wedbush 's recommendation on ENOC, you would have gained 303.12% of your investment in 2002 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.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2011 9:25 AM Sell
17.74 9.00
as of 12/30/2011
1 Week down  -4.92 %
1 Month down  -10.46 %
3 Months down  -20.77 %
1 YTD up  54.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2010 9:25 AM Sell
26.58 15.00
11/11/2010 9:25 AM Sell
25.10 19.00
8/5/2010 9:25 AM Sell
5/10/2010 1:25 PM Hold
27.06 25.00

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