Argus Research Upgrades Intl Flavors & Fragrances to Buy, Announces $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Eade has upgraded Intl Flavors & Fragrances (IFF) from Hold to Buy and set a price target of $85.
November 28, 2023 | 12:56 pm
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Argus Research upgraded Intl Flavors & Fragrances to Buy from Hold and set a price target of $85, indicating a positive outlook on the stock.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a better-than-previously-expected future performance of the company. The new price target of $85 also implies an upside potential from the current trading price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100