International Flavors & Fragrances Inc. (IFF) has undergone fluctuating investor sentiment with some asset managers such as the State of Tennessee Department of Treasury, Tower Research Capital LLC TRC, and Zacks Investment Management increasing their stake while others like Marshall Wace LLP, Teachers Retirement System of The State of Kentucky, and CANADA LIFE ASSURANCE Co have trimmed down their holdings. IFF is taking strategic steps towards expansion, marked by the groundbreaking ceremony for its expansion project and the opening of creative centers in Dubai and Shanghai. However, its stock performance has been deemed dismal reflecting weak fundamentals. IFF has responded to market demands with innovation, offering breakthrough plant-based technologies, AI-Driven ScentChat tools, and low nitrite pharma products. In recognition of its efforts, IFF’s stock has featured among top picks from Carl Icahn’s portfolio and blue chip stocks to invest in at 52-week lows. Both Q3 and Q4 2024 earnings call highlights show strong results, nevertheless, its full year 2024 earnings missed EPS expectations which may have contributed to the price target being lowered by Oppenheimer and Wells Fargo & Company. The future still appears promising with IFF poised for recovery and long-term growth in its specialty businesses.
International Flavors Fragrances IFF News Analytics from Thu, 01 Aug 2024 16:04:33 GMT to Sat, 26 Apr 2025 12:49:59 GMT -
Rating 3
- Innovation 7
- Information 6
- Rumor -4
