# Bank of America Cuts International Flavors & Fragrances to Underperform

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/51737
Published: 2026-11-08T18:20:01.000Z
Updated: 2026-11-08T18:20:01.000Z
Section: Investing

> The bank lowered its price target to $91 from $95 after a material rally.

International Flavors & Fragrances Inc. shares fell 3.3% Friday, Nov. 6, after Bank of America cut its rating on the specialty chemicals company to Underperform from Buy and lowered its price target to $91 from $95.

The bank said the stock lacked near-term catalysts after a material rally, making further upside difficult.