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Fly News Breaks for June 18, 2019
XON
Jun 18, 2019 | 11:05 EDT
After Intrexon and privately-held Surterra Wellness announced an exclusive licensing agreement to advance Surterra's cannabinoid production using Intrexon's proprietary yeast fermentation platform, JMP Securities analyst Jason N. Butler said he sees the pact as a positive for Intrexon that supports the value that can be generated across its platforms and sectors. He keeps an Outperform rating and $14 price target on Intrexon shares.
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