Truist lowered the firm’s price target on International Paper (IP) to $53 from $55 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in Packaging and Paper/Forest Products. The firm is “selectively” adjusting its estimates, having met with companies in its coverage to review quarterly trends while also including a $40/ton containerboard price increase effective February 2026, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IP:
- International Paper Executives Acquire Shares Through Savings Plans
- International Paper price target lowered to $50 from $57 at BofA
- International Paper price target raised to $44 from $43 at Wells Fargo
- International Paper price target lowered to $55 from $60 at UBS
- Smurfit Westrock upgraded to Buy from Neutral at Seaport Research