KeyBanc Upgrades International Flavors & Fragrances (IFF) to Buy

July 1, 2013 8:34 AM EDT Send to a Friend
Get Alerts IFF Hot Sheet
Price: $121.22 --0%

Rating Summary:
    6 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 17 | New: 16
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KeyBanc upgraded International Flavors & Fragrances (NYSE: IFF) from Hold to Buy with a price target of $94.00. Analysts think the company has an innovative mix of flavor and fragrances which will help drive growth.

"Following the recent pullback, it is trading toward the low end of its historical ranges," said KeyBanc. "Given a more defensive portfolio, 1H13 EPS growth, and achievable back-half expectations, we have confidence in the near-term earnings outlook."

For an analyst ratings summary and ratings history on International Flavors & Fragrances click here. For more ratings news on International Flavors & Fragrances click here.

Shares of International Flavors & Fragrances closed at $75.16 yesterday.

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