DA Davidson Maintains Buy Rating for Inter Parfums: Here's What You Need To Know

DA Davidson has decided to maintain its Buy rating of Inter Parfums IPAR and raise its price target from $158.00 to $176.00.

Shares of Inter Parfums are trading up 3.38% over the last 24 hours, at $144.96 per share.

A move to $176.00 would account for a 21.42% increase from the current share price.

About Inter Parfums

Inter Parfums Inc operates in the fragrance business and manufactures, markets, and distributes fragrances and fragrance related products. It sells its product under the brand names called JIMMY CHOO, bebe, Paul Smith, Abercrombie and Fitch, COACH, and others. The company operates in two operating segments namely European based operations, and United-States operations. The company sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.