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Fly News Breaks for November 5, 2015
ENOC
Nov 5, 2015 | 17:59 EDT
Pacific Crest analyst Monika Garg and team downgraded EnerNOC to Sector Weight from Overweight after the company missed on Q3 earnings and guided Q4 lower. The analyst team cited pricing and regulatory risks, and added that it "meaningfully" lowered its 2016 estimates. Pacific Crest has a fair value estimate of $6 on EnerNOC shares.
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