Shares of Inter Parfums, Inc. IPAR, which operated fragrance business, are likely to be weighed down by valuation and a lack of fundamental catalysts, according to an analyst at KeyBanc. The Analyst KeyBanc analyst Jason Gere on Monday downgraded Inter Parfums from Overweight to Sector Weight. The Thesis Inter Parfums' current risk/reward profile is marred by a lack of fundamental catalysts despite strong performances in fiscal year 2016 and 2017, Gere said in a note. SourceSeems like the price wil go down and will close the gap. It will try to test the lower edge of the rising channel. $IPAR, Inter Parfums, Inc. / D