B. Riley analyst Linda Bolton Weiser downgraded Inter Parfums to Neutral citing the stock's 48% rally from the January 8 low and its 2016 being second-half weighted. The analyst lowered her price target for the shares to $34 from $37.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here
CEO Jean Madar says: "We are confident in our dynamic market positioning and remain optimistic about our ability to continue to gain market share within this growing market; as such, we are reaffirming our 2024 net sales guidance of $1.45B."