IFF's New TEXSTAR Solution Enhances Texture, Cuts Emissions In Dairy & Plant-Based Foods
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
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Source: Benzinga
New Product Launch: International Flavors & Fragrances, Inc. (IFF) has introduced TEXSTAR, an enzymatic solution that enhances the texture of dairy and plant-based fermented products without added stabilizers, aiming to meet consumer demands for familiar ingredients.
Financial Performance: IFF's shares fell 1.71% following a third-quarter earnings report that showed adjusted EPS of $1.04, below expectations, despite sales exceeding forecasts at $2.92 billion.
Analyst Views on FPAG
Wall Street analysts forecast FPAG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FPAG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.035
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Current: 39.035
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
