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Fly News Breaks for March 8, 2016
OPWR
Mar 8, 2016 | 07:21 EDT
Canaccord attended Opower's conference and received positive feedback on the direction of the company's product development efforts as current customers seemed eager to build off of existing Demand Management subscriptions. The firm believes shares of Opower are oversold at current levels and sees a potential double or triple of the share price over a 2-4 year period. Canaccord maintained its Buy rating and $8 price target on Opower shares.
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