Wedbush Morgan Boosts Price Target on Inter Parfums (IPAR) to $34

May 9, 2008 10:24 AM EDT

Wedbush Morgan raised its price target on Inter Parfums Inc. (Nasdaq: IPAR) $32 to $34, reiterating their Buy rating, citing impressive Q1 momentum.

The firm said upcoming product launches later this year could drive additional sales and earnings growth.


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