International Paper price target raised to $64 from $56 at RBC Capital

By Yahoo! Finance | Nov 2, 2024 at 09:21 AM EST

RBC Capital analyst Matthew McKellar increased the price target for International Paper (IP) to $64 from $56, maintaining an Outperform rating post Q3 earnings beat. The company is making strong progress in strategic and commercial initiatives, poised to maintain momentum despite near-term volume fluctuations.

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