EnerNOC's (ENOC) target price is raised to $21 from $19 at Needham after Thursday's news it...

|By:, SA News Editor

EnerNOC's (ENOC) target price is raised to $21 from $19 at Needham after Thursday's news it entered into a 10-year agreement to enable PacifiCorp electric customers in Idaho and Utah to reduce power use by ~185 MW. Despite regulatory noise, the firm says ENOC continues to build and execute on a solid growth business driven by increasing competitive advantages and aided by scale and brand recognition.