The
International Flavors & Fragrances Inc. (IFF) market cap has seen intense fluctuations recently. Quantbot Technologies LP purchased a significant number of shares.
Swiss National Bank and
First Trust Direct Indexing L.P. disposed of their IFF shares, whereas Fidelis Capital Partners LLC established a $44,000 position and other institutions increased their stakes.
Citigroup raised the price target for IFF shares to $116.00, while UBS Group and Morgan Stanley increased their targets too. The
investigation over a suspected fragrance cartel resulted in a significant fine for the company. Despite
revenue resilience, IFF faces several challenges.
The Pharmaceutical Unit will be sold to France's Roquette in a whopping $2.85 billion deal. Mirae Asset Global Investments Co. Ltd. and others reduce their positions in International Flavors & Fragrances Inc. Despite a strong week for IFF shareholder, they still feel the hurt of the three-year loss while ownership by institutional investors is strong at 87% of the company.
International Flavors Fragrances IFF News Analytics from Fri, 15 Sep 2023 07:00:00 GMT to Sun, 14 Jul 2024 19:56:18 GMT -
Rating 2
- Innovation -3
- Information 8
- Rumor -5
