Citigroup Maintains Neutral on International Paper, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on International Paper (NYSE:IP) and raises the price target from $30 to $38.
July 31, 2023 | 2:37 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on International Paper and raises the price target from $30 to $38.
The news is directly about International Paper. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100