Wells Fargo Maintains Overweight on Intl Flavors & Fragrances, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Overweight rating on Intl Flavors & Fragrances (IFF) but lowered the price target from $110 to $93.
July 18, 2023 | 12:29 pm
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NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on IFF but lowered the price target from $110 to $93.
The news is directly related to IFF as Wells Fargo has maintained an Overweight rating but lowered the price target. This could indicate a potential downside in the short term, but the Overweight rating suggests that the analyst still sees potential in the stock. Therefore, the impact on the stock price is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100