International Flavors upgraded to Buy from Hold at Deutsche BankDeutsche Bank analyst Faiza Alwy upgraded International Flavors & Fragrances to Buy and raised her price target for the shares to $154 from $126. International Flavors is currently trading at a 20% discount, and well below its 10-year average to global specialty ingredients peers, Alwy tells investors in a research note. The analyst also views the company's acquisition of Frutarom as strategically sound and says she's now more comfortable with the integration strategy. |