UPDATE: Wunderlich Initiates Heckmann with Hold on Constrained Near-Term Value
April 17, 2013 at 08:37 AM EDT
In a report published Wednesday, Wunderlich Securities analyst Michael E. Hoffman initiated coverage on Heckmann Corporation (NYSE: HEK ) with a Hold rating and $4.00 price target. In the report, Hoffman noted, “The opportunity in the E&P waste market is ripe for the picking. Conventional wisdom would say lead with