Morgan Stanley Maintains Overweight on Intl Flavors & Fragrances, Lowers Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Overweight rating on Intl Flavors & Fragrances (IFF) but lowered the price target from $122 to $112.
June 30, 2023 | 1:05 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on IFF but lowered the price target from $122 to $112.
The news is directly about IFF and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target may have a negative effect. The net impact is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100