EnerNOC upgraded to Strong Buy with $28 target at Needham Needham upgraded EnerNOC earlier today to Strong Buy from Buy with a $28 price target, saying the current valuation represents a "notable disconnect" from the company's fundamentals. The firm says the shares are "just too cheap."
EnerNOC price target lowered to $24.50 from $30 at Canaccord Canaccord lowered its price target on EnerNOC to $24.50 from $30 ahead of Q3 earnings. The firm sees regulatory concerns continuing to impact investor sentiment and believes M&A must be deployed near term to broaden the company's Energy Intelligence Software strategy. Canaccord maintains its Buy rating on EnerNOC shares.