Morgan Stanley Upgrades Intl Flavors & Fragrances to Overweight, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lisa De Neve upgraded Intl Flavors & Fragrances (IFF) from Equal-Weight to Overweight and increased the price target from $81 to $90.
January 22, 2024 | 10:14 am
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POSITIVE IMPACT
Morgan Stanley upgraded Intl Flavors & Fragrances to Overweight from Equal-Weight and raised the price target to $90, indicating a positive outlook on the stock.
Upgrades by major analysts like Morgan Stanley can lead to increased investor confidence and potential stock price appreciation in the short term. The raised price target suggests that the analyst sees more upside potential in the stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100