Gabelli Has Buy on Sensient Technologies

Gabelli & Co. is out with a research report on Sensient Technologies Corp

and it has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Growth in the Color segment continues to be driven by strong demand for natural colors, which is expected to continue as food customers improve upon labels and natural product positioning. Overall flavor growth, which is expected to grow mid-single digits this year will also be driven by new innovation and reformulation." Shares of SXT closed at $36.80 on Friday.