Craig-Hallum analyst Ryan Sigdahl lowered the firm’s price target on Hudson Technologies to $10 from $13 and keeps a Buy rating on the shares. While Q2 results were challenged because of refrigerant price declines and guidance was cut accordingly, the firm still notes the company is solidly profitable, generating free cash flow and strategically deploying capital. The stock is inexpensive but lacks a catalyst, and Craig-Hallum thinks both remain true through the rest of the year.
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