IFF price target lowered to $105 from $119 at Mizuho

Mizuho analyst Christopher Parkinson lowered the firm’s price target on IFF to $105 from $119 and keeps a Neutral rating on the shares. The analyst says the stock’s bull thesis is "fully on hold" post the Q4 results. There is little to no focus on further asset sale optionality, which is the crux of the bull thesis and should limit incremental downside risk, the analyst tells investors in a research note.