3rd STOCK OF THE DAY- HDSN
Roth Capital upgrades Hudson Technologies to Buy, raises target to $6.50 08:41 HDSN As previously reported, Roth Capital analyst Gerry Sweeney upgraded Hudson Technologies to Buy from Neutral with a price target of $6.50, up from $4. The analyst notes Hudson Technologies reported earnings that exceeded expectations driven by higher refrigerant pricing. Pricing for HFC was up sequentially driven partially by supply chain tightness. However, more importantly, regulatory frameworks and market dynamics have likely created a foundation for increased reclamation of HFC refrigerant and higher overall prices, Sweeney argues. In addition, the company recently entered into new/enhanced credit agreements reducing interest costs, he adds.
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Hudson Technologies, Inc. (HDSN)
3.9800-0.0600(-1.49%)
At close: March 8 04:00PM EST
4.5800+0.60(+15.08%)<----------------------
Pre-Market:08:56AM EST