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After downgrade, EnerNOC loses a little juice

EnerNOC provides energy management applications, services, and products for the so-called smart grid.

EnerNOC

EnerNOC provides energy management applications, services, and products for the so-called smart grid.

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JPMorgan Chase & Co. downgraded EnerNOC Inc. shares from “overweight” to “neutral” last week, with a $19.50 target price — more than $1 below Monday’s closing price. Two analysts have rated the stock a “sell,” five have given a “hold” rating, three have said “buy,” and one has issued a “strong buy,” according to Ticker Report. The company reported $3.90 earnings per share for the latest quarter, beating the Thomson Reuters consensus estimate of $3.55 by 35 cents.

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