Information Provided By: 
Fly News Breaks for May 8, 2018
IFF
May 8, 2018 | 07:00 EDT
Deutsche Bank analyst Faiza Alwy lowered her price target for International Flavors & Fragrances to $124 and keeps a Hold rating on the shares following the company's acquisition of Frutarom. The analyst believes yesterday's selloff is not surprising given the required equity financing and questions surrounding Frutarom's underlying profitability. She sees near-term risks as it relates to integrating the two companies, especially in the context of Frutarom itself having acquired 31 companies over the last five years.
News For IFF From the Last 2 Days
There are no results for your query IFF
