Sensient Technologies Corp
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Materials : Chemicals | Small Cap Blend
Company profile

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals. The Company's three segments include the Flavors & Fragrances Group and the Color Group, which are managed on a product-and-services basis, and the Asia Pacific Group, which is managed on a geographic basis. The Company's principal products include flavors, flavor enhancers and bionutrients; fragrances, aroma chemicals and essential oils; natural ingredients, including dehydrated vegetables and other food ingredients; natural and synthetic food and beverage colors; cosmetic colors and ingredients and pharmaceutical excipients and ingredients, and technical colors, specialty inks and colors, and specialty dyes and pigments.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$71.72
Day's Change
-0.88 (-1.21%)
Bid
--
Ask
--
B/A Size
--
Day's High
72.81
Day's Low
71.57
Volume
(Average)
Volume:
303,836

10-day average volume:
289,832
303,836

Tesla upgraded at JMP Securities on margin expectations

9:36 am ET October 22, 2020 (MarketWatch)
Print

Tesla (TSLA) was upgraded to market outperform from market perform at JMP Securities, which has a $516 price target on the electric vehicle maker. "We do believe the outlook for margins and for cash flow generation over the next several years appears to be higher than we thought. This impacts not only our financial model, but also the level of risk we assign to our 2025 outcome and the multiple we apply," said analysts Joseph Osha and Hilary Cauley. Other analysts positively reacted to Tesla's earnings, including those at Baird who also upgraded the vehicle maker (http://www.marketwatch.com/story/tesla-is-a-must-own-stock-says-wall-street-analyst-who-returns-to-bullish-stance-after-start-of-year-downgrade-11603354482). Tesla shares rose nearly 4% to $438.76 in early trade.

-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 22, 2020 09:36 ET (13:36 GMT)

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