So far in the month of June Inter Parfums is up 3% since the previous monthly write up. A solid earnings release as well as promising company guidance has pushed this stock on the rise. The stock is currently priced at $34.10; considering our model’s price target of $41 there is still plenty of upside. Inter Parfums still stands in line with guidance with no public statements stating otherwise. I also believe the current state of the economy with employment rates on the rise puts consumer spending in a great position allowing for growth in this company.
Current price as of 6/14/15 $34.10 (-.87%) on the day.