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Nuverra Environmental Solutions Inc. (NES) [hlAlert]

Rating:
Hold HEK

HECKMANN CORPORATION (HEK) rated Hold with price target $4 by Wunderlich

Posted on: Wednesday,  Apr 17, 2013  8:25 AM ET by Wunderlich

HECKMANN CORPORATION (NYSE: HEK)
rated Hold with price target $4 by Wunderlich.

Heckmann Corporation (Heckmann) was a blank check company whose objective was to acquire, through a merger, stock exchange, asset acquisition, reorganization or similar business combination, one or more operating business or businesses. The Company completed the acquisition of China Water & Drinks, Inc. (China Water), a bottled water company operating in the People?s Republic of China (China), on October 30, 2008. China Water became a wholly owned subsidiary of Heckmann. On May 19, 2008, the Company, and Heckmann Acquisition II Corp., and the Company?s wholly-owned subsidiary (Acquisition Sub), entered into an agreement and merger and reorganization (the Merger Agreement) with China Water and Drinks Inc. China Water produces bottled water products at facilities in the cities of Beijing, Guangzhou (Guangdong Province), Changchun (Jilin Province), Feixian (Shandong Province), Nanning (Guangxi Province), Shenyang (Liaoning Province) and Changsha (Hunan Province).

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 8:25 AM Hold
None
38.10 40.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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