Breaking Down International Paper: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for International Paper (NYSE:IP), with recent price targets averaging $52.5, up from $50. Analysts from Truist Securities, Argus Research, Wells Fargo, and RBC Capital have raised their ratings, reflecting positive sentiment. Despite revenue growth, International Paper faces challenges with profitability and returns.
October 15, 2024 | 2:00 pm
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POSITIVE IMPACT
International Paper (NYSE:IP) has received mixed analyst ratings, with a new average price target of $52.5, indicating a positive outlook. However, the company faces challenges with profitability and returns despite revenue growth.
The increase in the average price target from $50 to $52.5 suggests a positive short-term outlook. Analysts from major firms have raised their ratings, indicating confidence in the company's performance. However, challenges in profitability and returns may temper the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100