EnerNOC (ENOC +12%) shares surge after Needham raises its rating to Buy from Hold, believing the...

|By:, SA News Editor

EnerNOC (ENOC +12%) shares surge after Needham raises its rating to Buy from Hold, believing the stock has bottomed and should become more attractive to long-term investors. The firm says ENOC isn't another Comverge (now private), "as the company has far more substantial scale, prior history of profitability, and healthier overall capitalization."