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Fly News Breaks for December 6, 2019
IFF
Dec 6, 2019 | 07:53 EDT
JPMorgan analyst Jeffrey Zekauskas raised his price target for International Flavors & Fragrances to $150 from $140 and keeps an Overweight rating on the shares. International Flavors can trade higher in the coming weeks given improving business fundamentals, a "meaningful" short position of 13M shares of November 15, and the resolution to the Ukraine/Russia investigation, Zekauskas tells investors in a research note. He believes the company's business fundamentals are improving.
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