Canaccord lowered the firm’s price target on Hudson Technologies to $8.75 from $10 and keeps a Hold rating on the shares. The firm said both the top- and bottom-line results for the quarter came in 22.6% and 48.7% below estimates for the quarter as the challenging pricing environment has continued to weigh on the topline and overall gross margins for refrigerant sales during the height of the summer cooling season.
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