Morgan Stanley and Argus Raise Price Targets on International Flavors & Fragrances

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Morgan Stanley and Argus have raised their price targets on International Flavors & Fragrances. On July 1, 2026, Morgan Stanley lifted its target to $95 from $93, maintaining an Overweight rating, citing adjusted estimates and higher peer multiples. A day earlier, Argus increased its target to $85 from $80 with a Buy rating, noting the shares are trading near the low end of their historical valuation range and that volume growth and productivity gains can drive sustained earnings growth. Also on June 30, IFF launched SENSORA, an advanced patent-pending pro-fragrance technology for home, fabric, and personal care applications, designed to deliver a longer-lasting and more sophisticated scent experience.

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