International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill

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International Paper (IP) PT Raised to $66 at Jefferies

November 1, 2024 5:46 AM EDT

Jefferies analyst Philip Ng raised the price target on International Paper (NYSE: IP) to $66.00 (from $56.00) while maintaining a Buy rating.

The analyst comments "While the next few quarters will be noisy, the transformation is unfolding as we had hoped, with progress on the commercial... More