International Paper price target raised to $61 from $57 at Truist
The Fly

International Paper price target raised to $61 from $57 at Truist

Truist raised the firm’s price target on International Paper (IP) to $61 from $57 and keeps a Buy rating on the shares after its Q3 earnings beat. During the quarter and in October, the company made notable progress executing on 80/20 including aligning sales incentives, optimizing its box plant system, and completing its corporate reorganization, the analyst tells investors in a research note.

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