By: Benzinga
January 30, 2013 at 14:00 PM EST
UPDATE: Citigroup Reiterates Neutral Rating, Raises PT on Inter Parfums
In a report published Wednesday, Citigroup reiterated its Neutral rating on Inter Parfums (NASDAQ: IPAR ), and raised its price target from $20.00 to $22.00. Citigroup noted, “We rate the shares of Inter Parfums Neutral based primarily on our concerns about the stock's current valuation, which we believe adequately reflects
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