Truist Securities Maintains Buy on International Paper, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has reaffirmed a Buy rating on International Paper (NYSE:IP) and increased the price target from $40 to $46.
January 04, 2024 | 4:02 pm
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Truist Securities analyst Michael Roxland maintains a Buy rating on International Paper and raises the price target from $40 to $46.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100