Cantor Fitzgerald Reiterates Buy on Senomyx (SNMX); $26 PT
More News related to CPB
- Campbell Soup Company Announces the Webcast of Its Year-End Results
- Campbell Soup (CPB) Appoints Owens as Senior VP/CFO
- Campbell Names B. Craig Owens Chief Financial Officer and Chief Administrative Officer
- Campbell's(R) Chunky(TM) Soup and NFL Moms Team Up to Tackle Hunger Nationwide
- LaDainian Tomlinson's personal behind the scenes footage from the 2008 Campbell's Chunky soup "Working Day" ad shoot
More News related to SNMX
- SENOMYX TO WEBCAST CORPORATE PRESENTATION AT THE CANACCORD ADAMS 28TH ANNUAL GLOBAL GROWTH CONFERENCE
- Senomyx (SNMX) Files $50M Mixed Securities Shelf
- Senomyx (SNMX) Misses The Q2 EPS View By 5c
- Senomyx Announces Second Quarter 2008 Financial Results
- SENOMYX ANNOUNCES INITIATION OF DEVELOPMENT ACTIVITIES FOR NEW SUCROSE ENHANCER
More News related to Analyst Comments
- Gala-Net's Acclaimed MMORPG Flyff Version 12 to be Released in the US
- Fitch Downgrades 6 Classes of Trainer Wortham First Republic III
- Pacific Coast Nickel Corp. Options Yukon Property
- Canada Revenue Agency: Markham Businessman Fined $50,000 for Tax Evasion
- Eaton Vance Municipal Income Trusts Declare Monthly Distributions
Cantor Fitzgerald reiterates its Buy rating on Senomyx (Nasdaq: SNMX) and has a $26 price target on the stock.
The firm said Senomyx is at an inflection point as the Company announced that its "scientists have discovered the human salt taste receptor, SNMX29, the critical enabling step towards identifying and developing salt enhancers or substitutes." Cantor says this discovery will be substantial for not only Senomyx, but also its partner Campbell Soup Company (NYSE: CPB).
As increasingly more and more companies attempt to expand their packaged foods business toward a "health and wellness" strategy, Cantor believes that many company's will target Senomyx's salt compound.
Senomyx, Inc., a biotechnology company, engages in the discovery and development of flavors, flavor enhancers, and taste modulators for the packaged food and beverage industry primarily in the United States.
Campbell Soup Company, together with its subsidiaries, manufactures and markets branded convenience food products worldwide.
Related Categories
Analyst CommentsStocks Mentioned
-0.35
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
