Heckmann (HEK -4.7%) trades down on a Wedbush downgrade to Underperform on the back of last...

|By:, SA News Editor

Heckmann (HEK -4.7%) trades down on a Wedbush downgrade to Underperform on the back of last weeks disappointing Q4 results, noting the company's core business of water management is substantially underperforming estimates. The firm also lowers its price target to $4 from $5.