Jefferies Upgrades Intl Flavors & Fragrances to Buy, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Laurence Alexander has upgraded Intl Flavors & Fragrances (IFF) from Hold to Buy and increased the price target from $73 to $112.

January 12, 2024 | 10:42 am
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POSITIVE IMPACT
Jefferies upgraded Intl Flavors & Fragrances to Buy from Hold and raised the price target to $112, indicating a positive outlook on the stock.
An upgrade from Hold to Buy typically suggests that the analyst sees a strong potential for the stock's performance. The significant increase in the price target from $73 to $112 reflects a bullish stance on the company's future prospects, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100