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Fly News Breaks for January 25, 2016
IFF
Jan 25, 2016 | 07:05 EDT
As noted earlier, Stifel downgraded International Flavors to Hold from Buy. The firm says that near-term headwinds for the company, including worsening foreign exchange rates and slowing global consumer packaged goods volumes, have increased. It thinks the company will miss consensus estimates, and predicts that the stock will remain range-bound.