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Fly News Breaks for March 9, 2018
CDXS
Mar 9, 2018 | 07:03 EDT
Jefferies analyst Brandon Couillard says Codexis is entering 2018 with diversifying revenue streams and positive momentum on multiple fronts. The company's guide for over 20% growth does not factor another CodeEvolver deal, which consensus did include, Couillard tells investors in a research note. He thinks the market continues to underappreciate the company's therapeutic discovery opportunity and keeps a Buy rating on the shares with an $11 price target.
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