UPDATE: Wedbush Downgrades Heckmann Corporation to Underperform on End Market Weakness
February 11, 2013 at 12:15 PM EST
Wedbush downgraded Heckmann Corporation (NYSE: HEK ) from Neutral to Underperform and lowered the price target from $3.00 to $2.50. Wedbush noted, "Based on recent channel checks and publicly available data, we believe the earnings outlook is weaker than anticipated. Valuations for the peer group reflect this unfavorable