Wells Fargo raised the firm’s price target on IFF to $90 from $85 and keeps an Overweight rating on the shares. The firm believes its plan to de-lever via divestitures is on track, and near-term weakness will be confined to Functional and Fragrance Ingredients. Wells sees solid momentum from Scent, Health and Biosciences, and Flavors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IFF: