BofA Securities analyst Derik de Bruin downgraded Zymergen Inc (NASDAQ: ZY) from Buy to Underperform with a price target of $7.00 (from $43.00).

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 $34.83 yesterday.