Cowen predicts Solazyme stock to rise as Moema comes online
In New York, Cowen has predicted that Solazyme stock may be headed upwards, as Moema’s confirmation of production, expected to come later this quarter from Brazil, will be an important trigger for their stock. Moema represents an opportunity for a successful startup with strong operations metrics. Once the source is proven to be reliable, Cowen expects Moema to announce offtake agreements as customers become more willing to change existing supply relationships.
Category: Fuels
