Oppenheimer Initiates Coverage On Intl Flavors & Fragrances with Outperform Rating, Announces Price Target of $116
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has initiated coverage on International Flavors & Fragrances (NYSE:IFF) with an Outperform rating and set a price target of $116.
June 07, 2024 | 9:18 am
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POSITIVE IMPACT
Oppenheimer has initiated coverage on International Flavors & Fragrances (NYSE:IFF) with an Outperform rating and a price target of $116. This positive analyst rating could boost investor confidence and potentially drive the stock price up in the short term.
The initiation of coverage with an Outperform rating and a specific price target of $116 by a reputable analyst from Oppenheimer is likely to positively influence investor sentiment. This could lead to increased buying activity and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100