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Fly News Breaks for August 2, 2016
ENOC
Aug 2, 2016 | 13:45 EDT
As previously reported, Credit Suisse downgraded ENerNOC to Neutral from Outperform and lowered its price target to $8 from $10. Analyst Patrick Jobin said subscription software guidance was lowered as customer adoption in the nascent category is trailing expectations. The analyst would wait for the software business to regain traction before becoming more constructive.
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