IFF price target lowered to $90 from $105 at Wells Fargo

Wells Fargo analyst Michael Sison lowered the firm’s price target on IFF (IFF) to $90 from $105 and keeps an Overweight rating on the shares. Given increased risks in a post tariff world, the firm recommends a more defensive position within the chemicals sector into Q1 2025 results as Wells expects cautious outlook commentary.