B of A Securities Maintains Neutral on Intl Flavors & Fragrances, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Matthew DeYoe maintains a Neutral rating on Intl Flavors & Fragrances (IFF) and raises the price target from $87 to $99.

May 10, 2024 | 11:47 am
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POSITIVE IMPACT
B of A Securities maintains a Neutral rating on Intl Flavors & Fragrances but raises the price target from $87 to $99, indicating a positive outlook on the stock's value.
The increase in price target by B of A Securities suggests a positive reassessment of Intl Flavors & Fragrances' value, potentially leading to increased investor interest and a positive short-term price movement. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100