Morgan Stanley Maintains Overweight on Intl Flavors & Fragrances, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Intl Flavors & Fragrances (NYSE:IFF) but lowers the price target from $125 to $122.
May 18, 2023 | 11:25 am
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Morgan Stanley maintains an Overweight rating on Intl Flavors & Fragrances (IFF) and lowers the price target from $125 to $122.
The news of Morgan Stanley maintaining an Overweight rating on IFF indicates a positive outlook for the company. However, the lowering of the price target from $125 to $122 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100