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Heckmann (HEK) -6.5% premarket after Global Hunter downgrades shares to Sell and cuts its target...

Heckmann (HEK) -6.5% premarket after Global Hunter downgrades shares to Sell and cuts its target price to $2.50 from $3.50 following Q1 misses on the top and bottom lines. The firm says it can't assign a premium multiple any longer to a company that has proven it is in a highly cyclical business with considerable threats.
Comments (2)
  • ete
    , contributor
    Comments (29) | Send Message
     
    Global Hunter didn't know this prior to the company's release?
    9 May 2013, 10:05 AM Reply Like
  • leekell
    , contributor
    Comments (15) | Send Message
     
    guess someone should have done more homework
    9 May 2013, 12:26 PM Reply Like
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