Craig-Hallum lowered the firm’s price target on Hudson Technologies to $13 from $16 given a more challenging fundamental year likely in 2024, while keeping a Buy rating on the shares. The firm believes the pendulum has swung from overly bullish to now overly pessimistic in the matter of a few months, despite no structural change to the longer-term opportunity for the business or stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HDSN:
- HDSN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Hudson Technologies to Host Conference Call to Discuss First Quarter 2024 Results
- Hudson Technologies price target lowered to $16 from $17 at B. Riley
- Hudson Technologies reports Q4 EPS 8c, consensus 8c
- Hudson Technologies Reports Fourth Quarter and Year End 2023 Results