J.P. Morgan Maintains Overweight on EnerNOC

J.P. Morgan is out with its report today on EnerNOC ENOC, maintaining Overweight. In a note to clients, J.P. Morgan writes, "We attended ENOC's Analyst Day in Boston yesterday. Our overall takeaways are positive. Management tone was optimistic, risks from the PJM 'over-payment' issue appear to be largely mitigated, and visibility is improving. Maintain Overweight." J.P. Morgan maintains a $27 PT. Shares of ENOC closed Tuesday at $16.28, down 0.91% from Monday's close.