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Fly News Breaks for October 28, 2016
SNMX
Oct 28, 2016 | 08:01 EDT
Craig-Hallum analyst Mike Malouf downgraded Senomyx (SNMX) to Hold and lowered its price to $2 from $6. The analyst said the developing and marketing of a zero-calorie natural sweetener has been slow and now with Pepsi (PEP) deciding not to roll out their test of Mug Root Beer, the inflection point in results has been pushed out further.
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