NEW YORK (dpa-AFX Broker) - U.S. investment bank Goldman Sachs left its rating on Symrise at "neutral" with a price target of 114 euros. The fragrances and flavors maker's preliminary figures were in line with their expectations in terms of sales growth, but significantly below them in terms of margins, analyst Georgina Fraser wrote in a research note presented on Monday. It was unclear at this point whether this was company-specific or market-driven, she added. The market's earnings expectations are now likely to fall. Rival Givaudan could now also come under pressure in view of the Swiss company's annual figures, which are expected soon./ajx/mis

Publication of the original study: 20.01.2023 / 18:31 / GMT

First disclosure of original study: Date not stated in study / Time not stated in study / Time zone not stated in study

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