Truist Securities Maintains Buy on International Paper, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on International Paper (NYSE:IP) and raised the price target from $40 to $52, as per analyst Michael Roxland.
May 30, 2024 | 2:07 pm
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POSITIVE IMPACT
Truist Securities has maintained its Buy rating on International Paper and raised the price target from $40 to $52, indicating a positive outlook for the stock.
The raised price target from $40 to $52 by Truist Securities suggests increased confidence in International Paper's future performance. This is likely to positively impact the stock price in the short term as investors react to the upgraded target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100