Best Israeli Stock May Still Have 33% Upside for Barclays

Updated on
  • Frutarom to extend surge as it pursues acquisitions: Barclays
  • Citi started flavor maker with `buy' even at highest valuation

Frutarom Industries Ltd., the best performer this year on the Tel Aviv Stock Exchange, is near the most expensive it’s ever been. Barclays Plc and Citigroup Inc. are undeterred.

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