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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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.
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IMPORTANCE 80
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