Truist Securities Maintains Buy on International Paper, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland maintains a Buy rating on International Paper (NYSE:IP) and raises the price target from $52 to $55.
July 16, 2024 | 1:49 pm
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Truist Securities has reaffirmed its Buy rating on International Paper and increased the price target from $52 to $55, indicating confidence in the company's future performance.
The reaffirmation of the Buy rating and the increase in the price target by Truist Securities suggest a positive outlook for International Paper. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100