Bearish MACD for International Flavors & Fragrances – Tale of the Tape (IFF)

Zacks

International Flavors & Fragrances Inc.’s (IFF) MACD indicator has moved into bearish territory with a reading of -1.1698. The Zacks #4 Rank (“Sell”) stock decreased slightly to $54.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 10 cents over the past week to $3.77 per share.

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