Solazyme (SZYM) Misses Q2 EPS by 4c

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Go back to Solazyme (SZYM) Misses Q2 EPS by 4c

Cowen Cuts Price Target on Solazyme (SZYM) Following Earnings Results

July 31, 2015 7:56 AM EDT

Cowen maintained a Market Perform rating on Solazyme (NASDAQ: SZYM), and cut the price target to $3.25 (from $4.00), following its earnings results. Solazyme reported $11.7mn in revenue for the quarter, missing consensus estimates of and $14.3mn. Adjusted EPS was ($0.40) versus consensus estimate of ($0.37).

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