Wedbush On CCC Outlook

Webush has issued a report on the encouraging outlook for Calgon Carbon Corp. CCC. According to the report, "Given the demand for activated carbon in the municipal water market, the potential for mercury removal, the margin opportunity for reactivation of spent carbon, and the robust bidding activity in the ballast water market, we believe the outlook for 2012 and beyond remains encouraging. Meanwhile demand for the activated carbon for municipal water treatment remains robust, setting the stage for a nice recurring stream of revenues with increasing margins." CCC has a Neutral Rating and a $15 Price Target.