International Flavors & Fragrances (NYSE:IFF) Upgraded by Zacks Research to Hold Rating

Zacks Research has upgraded International Flavors & Fragrances (IFF) from a "strong sell" to a "hold" rating, despite the company missing its recent quarterly earnings and revenue expectations. The stock maintains a "Moderate Buy" consensus from analysts with an average price target of $91.40. IFF's board has also authorized a $2.5 billion share repurchase program, covering up to 12.1% of its outstanding shares, while insiders have sold shares worth approximately $1.32 million in the past three