Truist Securities Maintains Buy on International Paper, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has reaffirmed a Buy rating on International Paper (NYSE:IP) and maintained a $40 price target on the stock.
April 17, 2024 | 5:20 pm
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Truist Securities reaffirms a Buy rating on International Paper with a $40 price target.
The reaffirmation of a Buy rating and a maintained price target by a reputable analyst like Michael Roxland from Truist Securities is likely to instill confidence among investors and could positively influence International Paper's stock price in the short term. The specific mention of a $40 price target suggests a bullish outlook on the stock, potentially leading to increased investor interest and upward price movement.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90