Wolfe Research Upgrades International Flavors & Fragrances (IFF) to Peer Perform From Underperform

International Flavors & Fragrances Inc. (NYSE:IFF) is one of the best cheap stocks to buy for beginners. On September 8, Wolfe Research upgraded International Flavors & Fragrances Inc. (NYSE:IFF) to Peer Perform from Underperform without assigning a price target.

The firm told investors in a research note that International Flavors & Fragrances Inc.’s (NYSE:IFF) current risk/reward warrants a less negative stance, adding that various facets of the firm’s previously bearish thesis have played out.

It believes that investors now have an understanding of the long-term risks the food ingredients companies are facing.

International Flavors & Fragrances Inc. (NYSE:IFF) manufactures and supplies fragrances and flavors used in the beverage, household products, food, and personal care industries.

The company’s operations are divided into the following segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.

While we acknowledge the potential of IFF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.