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Solazyme (SZYM -0.5%) is upgraded to Buy with a $15 price target by ThinkEquity, which predicts...

  • Thursday, June 21, 2012, 3:48 PM ET
    Solazyme (SZYM -0.5%) is upgraded to Buy with a $15 price target by ThinkEquity, which predicts the company will develop strong new products via the strength of its partners and positive track record. The firm doesn't expect SZYM to profitably sell its oil made from sugar but is upbeat about its skin care, nutrition, chemical and fuel products.
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    I thought Solazyme made bio-fuel from algae and not sugar. I know Bunge who they are partners with, uses sugar in one of its factories.
    21 Jun 2012, 10:33 PM Reply Like
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