Danimer Scientific (DNMR) Tops Q2 EPS by 4c ; Provides Outlook

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TD Cowen Downgrades Danimer Scientific (DNMR) to Hold

August 12, 2024 4:06 PM EDT

TD Cowen analyst Thomas Boyes downgraded Danimer Scientific (NYSE: DNMR) from Buy to Hold with a price target of $1.00 (from $2.00).

The analyst comments "Downgrading DNMR to Hold, following our expectation for a more moderate ramp up at the Kentucky facility through 2025 and into 2026. We... More