Solazyme (SZYM -10%) is downgraded by Raymond James to Market Perform, as the firm says the...

|By:, SA News Editor

Solazyme (SZYM -10%) is downgraded by Raymond James to Market Perform, as the firm says the stock's risk/reward profile has become less attractive after a recent run-up. The firm says the versatility of SZYM's algae-produced oils opens the door to a wide range of opportunities, but the stock is likely to continue to be prone to sharp up-and-down swings.