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Fly News Breaks for January 3, 2018
IPAR
Jan 3, 2018 | 06:36 EDT
Citi analyst Wendy Nicholson yesterday raised her price target for Inter Parfums to $52 saying the company's "strong" sales growth has "scarcity value." She sees new product launches and a "healthy" backdrop for the prestige fragrance industry benefiting the company in 2018. The analyst keeps a Buy rating on the shares.
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