Interparfums price target raised to $170 from $163 at DA Davidson

DA Davidson analyst Linda Bolton Weiser raised the firm’s price target on Interparfums (IPAR) to $170 from $163 and keeps a Buy rating on the shares after its Q4 earnings beat. The company also forecasts mid-single digit industry growth and is now seeing sell-in aligned with sell-through, the analyst tells investors in a research note, adding that the firm is raising its FY25 organic sales growth view to 7% from 5%.