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gfp927z

Re: None

Friday, 07/13/2018 8:45:21 PM

Friday, July 13, 2018 8:45:21 PM

Post# of 211
SenesTech - >>> Roth Capital Reiterates Buy on SenesTech, Inc. (SNES) as California Approves ContraPest


May 22, 2018


https://www.streetinsider.com/Analyst+Comments/Roth+Capital+Reiterates+Buy+on+SenesTech%2C+Inc.+%28SNES%29+as+California+Approves+ContraPest/14224150.html


Roth Capital reiterated al Buy rating and $3.75 price target on SenesTech (NASDAQ: SNES) as California is set to approve ContraPest which opens a large environmentally focused market, where there is likely a subset of customers focused on the environmental aspects of the Product. After approval, SNES will be allowed to market at trade shows and advertise where appropriate within the state.

Roth Capital updated their estimates to reflect a slower ramp than the original model. 2018 revenue is now $3.1mm and 2019 revenue estimate is $17.5mm. Estimated EBITDA is ($4.4mm) and $4.4mm for 2018 and 2019.

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