Truist Securities Maintains Hold on International Paper, Lowers Price Target to $29
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Roxland maintains a 'Hold' rating on International Paper (NYSE:IP) and lowers the price target from $34 to $29.
July 18, 2023 | 2:10 pm
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Truist Securities has maintained a 'Hold' rating on International Paper and lowered the price target from $34 to $29.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for International Paper, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100