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Inter Parfums, Inc. (IPAR) [hlAlert]

up 89.55 %

Inter Parfums, Inc. (IPAR) rated Overweight by HSBC Securities

Posted on: Monday,  Feb 1, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Inter Parfums, Inc. (NASDAQ: IPAR) on 02/01/2010, when the stock price was $13.40. Since
then, Inter Parfums, Inc. has gained 89.55% as of 09/15/2015's recent price of $25.40.
If you would have followed this HSBC Securities's recommendation on IPAR, you would have gained 89.55% of your investment in 2052 days.

Inter Parfums, Inc. operates in the fragrance business, and manufactures, markets and distributes an array of fragrances and fragrance related products. The Company manages its business in two segments: European based operations and United States based operations. The Company?s prestige fragrance products are produced and marketed by its European operations through a 75%-owned subsidiary in Paris, Inter Parfums, S.A. It produces and distributes its prestige products primarily under license agreements with brand owners. The Company?s prestige product sales represented approximately 87% of net sales during the year ended December 31, 2008. Its specialty retail and mass-market fragrance and fragrance related products are marketed through its United States operations and represented 13% of sales during 2008.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2010 8:25 AM Buy
as of 12/31/2010
1 Week down  -7.09 %
1 Month down  -2.46 %
3 Months up  1.25 %
1 YTD up  32.91 %

(*) Stock Price at the time of the recommendation.
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