Jefferies Upgrades International Paper to Buy, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng has upgraded International Paper (NYSE:IP) from Hold to Buy and raised the price target from $38 to $57.
May 23, 2024 | 10:21 am
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Jefferies analyst Philip Ng has upgraded International Paper (NYSE:IP) from Hold to Buy and raised the price target from $38 to $57.
The upgrade from Hold to Buy and the significant increase in the price target from $38 to $57 by a reputable analyst at Jefferies is likely to positively impact the stock price of International Paper in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100