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Ameresco (NYSE:AMRC) Shares Gap Up on Analyst Upgrade
['Tyrone Williams']
Daily Political
Ameresco shares last traded at $29.3130, with a volume of 660,405 shares changing hands.
Oppenheimer reaffirmed a “market perform” rating on shares of Ameresco in a report on Tuesday.
Zacks Research raised Ameresco from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 3rd.
Ameresco revenue beat and backlog articleSecond-quarter revenue rose 9.1% year over year to $515.5 million, exceeding the $465.2 million analyst consensus.
Benzinga analyst rating reportCanaccord Genuity raised its Ameresco price target from $59 to $62 and assigned a “Buy” rating, implying substantial potential upside from the current trading level.