EnerNoc (ENOC +26.2%) is upgraded to Buy at Capstone, which raises its target price to $8.50,...

|By:, SA News Editor

EnerNoc (ENOC +26.2%) is upgraded to Buy at Capstone, which raises its target price to $8.50, and reiterated at Buy from Needham with a $10 target, believing ENOC is back on the path to profitability as its long-awaited step-up year with PJM finally arrives. Shares reflect overly pessimistic expectations, and 2013-14 should see solid growth, the firms say. (Q2 earnings)