'refrigerant lifecycle management' is now a sector? Thinking about buying some RLMZ, the three times long leveraged Refrigerator Lifestyle Management ETF.
HDSN (12.10) - Canaccord initiates coverage at "BUY" with $15 price target -
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Canaccord starts Hudson Technologies at Buy, sees shares undervalued
Canaccord initiated coverage of Hudson Technologies with a Buy rating and $15 price target. Hudson is the largest U.S. reclaimer and reseller of refrigerants, of which 80% of the installed base today utilizes canisters of hydrofluorocarbons, the analyst tells investors in a research note. The firm says Hudson holds 35% market share in a "heavily fragmented" refrigerant gas reclamation market with more than 30 smaller reclaimers. It believes the stock is undervalued relative to chemical producers and similar recycling businesses.