The Analyst Landscape: 8 Takes On International Paper
Portfolio Pulse from Benzinga Insights
Over the past three months, 8 analysts have evaluated International Paper (NYSE:IP), with a mix of bullish and indifferent ratings. The average 12-month price target has increased to $50.09 from $43.33. Despite recent revenue declines and below-average profitability metrics, analysts have raised their price targets, indicating a positive outlook.
July 16, 2024 | 2:00 pm
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POSITIVE IMPACT
International Paper (NYSE:IP) has received mixed analyst ratings over the past three months, with a notable increase in the average 12-month price target to $50.09. Despite a recent revenue decline and below-average profitability metrics, analysts have raised their price targets, indicating a positive outlook.
The increase in the average price target from $43.33 to $50.09 suggests that analysts have a more positive outlook on International Paper's future performance. This is despite the company's recent revenue decline and below-average profitability metrics, indicating that analysts believe the company can overcome these challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100