tiprankstipranks
Peer M&A multiple implies Hudson ‘significantly undervalued,’ says Craig-Hallum
The Fly

Peer M&A multiple implies Hudson ‘significantly undervalued,’ says Craig-Hallum

Craig-Hallum reiterated a Buy rating and $12 price target on Hudson Technologies after A-Gas, its largest competitor, had a majority stake purchased by TPG. The firm believes this illustrates two primary points, namely that Hudson’s valuation at under $500M is attractive on an absolute and relative basis, and that there is growing interest from strategic and financial investors to gain exposure to refrigerant lifecycle management.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on HDSN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles