UPDATE: Cowen Starts Zymergen Inc (ZY) at Outperform

May 17, 2021 5:34 AM EDT
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Price: $44.06 +1.64%

Rating Summary:
    5 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 7 | New: 31
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(Updated - May 17, 2021 5:40 AM EDT)

Cowen analyst Doug Schenkel initiates coverage on Zymergen Inc (NASDAQ: ZY) with a Outperform rating.

The analyst comments "Zymergen leverages scalable genetic engineering and functional selection methods to design, develop, and commercialize biomolecules with differentiated properties and competitive economics. While we expect there will be many successful SynBio companies, we believe Zymergen is well positioned with a unique, flexible SynBio platform and a proactive, strategic business development approach."

For an analyst ratings summary and ratings history on Zymergen Inc click here. For more ratings news on Zymergen Inc click here.

Shares of Zymergen Inc closed at $31.92 yesterday.

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