VanEck Morningstar Wide Moat Value ETF

The Morningstar Wide Moat Focus Index faced challenges in May due to its equal-weighting, value stock bias and lack of mega-cap tech exposure. History may provide context for what comes next

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Oppenheimer & Co. Inc. analyst Kristen Owen initiated coverage on International Flavors & Fragrances Inc. (NYSE:IFF) with an Outperform rating and a price target of $116. The analyst says that IFF aligns with their focus on meaningful molecules, reflecting consumers’ shifting trend toward health and environmental consciousness. There’s potential for a significant shift in the company’s shareholder base as its portfolio rationalization focuses on key categories, driving improved return on invested capital (ROIC) and strengthening the balance sheet, writes that analyst. The analyst says that as IFF progresses into the third phase ...Full story available on Benzinga.com

Related tickers: IFF, IVEG, MVAL.