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Stock impact report

Potential Rate Cuts to Drive Momentum for International Flavors & Fragrances (IFF) [Yahoo! Finance]

International Flavors & Fragrances, Inc. (IFF) 
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.iff.com
Company Research Source: Yahoo! Finance
Lauren Lieberman from Barclays reaffirmed her bullish view on International Flavors & Fragrances (NYSE:IFF). She assigned a Buy rating on January 16 and also raised her target price estimate from $75 to $78. At the prevailing level, it now leads to a double-digit upside potential of over 10%. Sorbis/Shutterstock.com Lieberman attributed recent interest in International Flavors & Fragrances (NYSE:IFF) to a “flight to safety,” as the broader sector is still facing structural challenges. Going forward, she sees potential risks related to currency and oil markets that could adversely affect the sector. Back on January 8, Bank of America Securities analyst Salvator Tiano maintained his Buy rating for International Flavors & Fragrances (NYSE:IFF). Based on potential rate cuts and favorable PMI indicators, he also revised the price target from $84 to $88. This results in an upside of over 24% for investors. International Flavors & Fragrances (NYSE:IFF) is a manufacturer and supplier Show less Read more
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