Inter Parfums (IPAR) Tops Q2 EPS by 1c
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Piper Jaffray Raises Price Target on Inter Parfums (IPAR) Following 2Q Results and Guidance
August 11, 2016 7:46 AM EDTPiper Jaffray reiterated a Neutral rating on Inter Parfums (NASDAQ: IPAR), and raised the price target to $33.00 (from $29.00), following the company's 2Q earnings report. For 2H sales are expected to grow 8-9% y/y, weighted more heavily toward Q3, traditionally the largest quarter. Adjusted FY16 EPS guidance of... More
