Int'l Flavors & Fragrances (IFF) Misses Q3 EPS by 10c

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UBS Remains Sidelined on Int'l Flavors & Fragrances (IFF); Lowered 4Q Guidance

November 8, 2016 8:30 AM EST

UBS maintained a Neutral rating on International Flavors & Fragrances (NYSE: IFF), and cut the price target to $129.00 (from $132.00), following the company's 3Q earnings report. IFF reported adjusted EPS of $1.38, ahead of consensus estimates of $1.41. Management guided to December Quarter EPS of ~$1.12, compared to estimates of $1.19.... More