Deutsche Bank has adjusted its price target for International Flavors & Fragrances Inc. to $90 from $95 while maintaining a Buy rating. The company is a global leader in the design and production of food, flavor, fragrance, and pharmaceutical ingredients, with net sales primarily derived from flavor ingredients (51.1%) and fragrance compounds (21.3%). With 150 manufacturing sites worldwide, its sales are distributed across North America (30%), Europe-Africa-Middle East (33.4%), Asia (23.8%), and Latin America (12.8%).