Craig-Hallum raised the firm’s price target on Perma-fix Environmental (PESI) to $20 from $18 and keeps a Buy rating on the shares. The firm says the company’s Treatment segment drove strong Q3 results. The successful start-up of the Hanford DFLAW plant by the October 15 deadline offers the most important catalyst for the shares, the analyst tells investors in a research note. Hallum sees an attractive risk/reward at current share levels.
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