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Fly News Breaks for October 28, 2016
SNMX
Oct 28, 2016 | 08:37 EDT
Neeham analyst Serge Belanger downgraded Senomyx (SNMX) to Hold following the update that Pepsi (PEP) will no longer proceed with the national launch of S617-reformulated Mug Root Beer. He believes this calls into question the commercial viability of S617 and removes a near-term value driver.
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