UBS Maintains Neutral on International Paper, Lowers Price Target to $32
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Cleve Rueckert has maintained a Neutral rating on International Paper (NYSE:IP) and lowered the price target from $33 to $32.
July 19, 2023 | 3:40 pm
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on International Paper and lowered the price target from $33 to $32.
The news is directly about International Paper (IP). UBS's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that UBS sees less upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100