Seeking Alpha

Quanta (PWR +.08%), Echelon (ELON -0.9%) and EnerNOC (ENOC +11.5%) are all potential takeout...

Quanta (PWR +.08%), Echelon (ELON -0.9%) and EnerNOC (ENOC +11.5%) are all potential takeout candidates in the smart grid space, says Piper Jaffray, after Elster (ELT +15.2%) confirmed it's in talks with Melrose to be bought for $20.50 per share. Piper notes Melrose's current bid is below recent smart grid takeout multiples, but in-line with its $21 price target for Elster.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs