Danimer Scientific (DNMR) Tops Q3 EPS by 16c

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Danimer Scientific (DNMR) PT Lowered to $30 at Jefferies

November 16, 2021 8:17 AM EST

Jefferies analyst Laurence Alexander lowered the price target on Danimer Scientific (NYSE: DNMR) to $30.00 (from $34.00) while maintaining a Buy rating following Q3 results.

The analyst commented, "Q3 was light on sales, mostly due to softer PLA sales masking PHA blend sales ~4% above... More