International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $91.00

UBS Group has raised its price target for International Flavors & Fragrances (NYSE:IFF) to $91.00 from $84.00, maintaining a "neutral" rating despite the company's recent earnings per share and revenue missing expectations. The analyst consensus is a "Moderate Buy" with an average target of $91.82. IFF has authorized a $2.5 billion share repurchase program and is undergoing portfolio changes, including the planned sale of its Food Ingredients business, to strengthen its balance sheet and focus on higher-growth areas.