IFF Announces Sale of its Pharma Solutions Business to Roquette
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International Flavors & Fragrances (IFF) PT Raised to $85 at BofA Securities
March 20, 2024 2:10 PM EDTBofA Securities analyst Matthew DeYoe raised the price target on International Flavors & Fragrances (NYSE: IFF) to $85.00 (from $83.00) while maintaining a Neutral rating.
The analyst comments "Yesterday, IFF announced an agreement to sell its Pharma Solutions business to Roquette for $2.85bn. The transaction reflects a... More
International Flavors & Fragrances (IFF) PT Raised to $100 at Deutsche Bank
March 20, 2024 5:19 AM EDTDeutsche Bank analyst David Begleiter raised the price target on International Flavors & Fragrances (NYSE: IFF) to $100.00 (from $90.00) while maintaining a Buy rating.
The analyst comments "With the sale of Pharma Solutions, IFF has taken a major step in reducing its leverage below 3x and thus removing the leverage overhang on the shares that has existed since the... More
International Flavors & Fragrances (IFF) PT Raised to $85 at Stifel
March 19, 2024 10:24 AM EDTStifel analyst Mark Astachan raised the price target on International Flavors & Fragrances (NYSE: IFF) to $85.00 (from $80.00) while maintaining a Hold rating after selling its Pharma business for up to $2.85 billion.
The analyst commented, "IFF announced the sale of its Pharma business for up to $2.85bn,... More
