BWS Financial Starts Inter Parfums (IPAR) at Buy

BWS Financial initiates coverage on Inter Parfums (NASDAQ: IPAR) with a Buy rating and a price target of $45.00.

Analyst Hamed Khorsand comments, "New scents usually serve as a catalyst for revenue growth. In 2015 IPAR will be introducing several new fragrances from their current portfolio. Some of the anticipated fragrances are under the brands of Lanvin (#2 revenue generator for IPAR), Oscar de la Renta, and Jimmy Choo (#3 revenue generator for IPAR)."

For an analyst ratings summary and ratings history on Inter Parfums click here. For more ratings news on Inter Parfums click here.

Shares of Inter Parfums closed at $30.88 yesterday.

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