Wells Fargo Maintains Equal-Weight on International Paper, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gabe Hajde maintains an Equal-Weight rating on International Paper (NYSE:IP) and raises the price target from $43 to $45.
July 25, 2024 | 6:19 pm
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Wells Fargo has maintained its Equal-Weight rating on International Paper and raised the price target from $43 to $45.
The raised price target from $43 to $45 by Wells Fargo indicates a positive outlook for International Paper, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced view, limiting the potential upside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100