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News Breaks | | | | June 18, 2012 | | 07:17 EDT |  | PWR, ELON, ENOC, ELT | Quanta, Echelon, EnerNOC potential takeout candidates, says Piper Jaffray
After Elster (ELT) confirmed it is in talks with Melrose to be bought for $20.50 per share, Piper Jaffray says Quanta Services (PWR), Echelon (ELON) and EnerNOC (ENOC) are potential future takeout candidates in the smart grid space. Piper notes Melrose's bid for Elster is below recent smart grid takeout multiples, but in-line with its $21 price target for Elster. The firm reiterates an Overweight rating on shares of Elster. | |
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News For PWR;ELON;ENOC;ELT From The Last 14 Days Check below for free stories on PWR;ELON;ENOC;ELT the last two weeks. |
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| May 14, 2013 | | 09:03 EDT |  | ELON | Echelon receives patent for self-installation technology
 Subscribe for More Information | | | May 13, 2013 | | 07:39 EDT |  | PWR | Deutsche Bank to host a conference
Subscribe for More Information | | | May 9, 2013 | | 10:08 EDT |  | PWR | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital. | | | May 8, 2013 | | 16:29 EDT | | PWR | Quanta Services initiated with a Buy at Deutsche Bank
Target $33. | |
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