Wells Fargo Maintains Equal-Weight on International Paper, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde has maintained an Equal-Weight rating on International Paper (NYSE:IP) and lowered the price target from $29 to $27.
July 17, 2023 | 1:02 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on International Paper and lowered the price target from $29 to $27.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on International Paper's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100