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Fly News Breaks for March 16, 2018
IFF
Mar 16, 2018 | 06:29 EDT
JPMorgan analyst Jeffrey Zekauskas downgraded International Flavors & Fragrances to Underweight and cut his price target for the shares to $130 from $140. The shares trade at the high end of a valuation range for its peers in the Specialty Chemicals area, Zekauskas tells investors in a research note. He cites valuation for the downgrade.
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