Analyst Philip Ng of Jefferies maintained a Buy rating on International Paper Co (IP – Research Report), reducing the price target to $65.00.
Philip Ng has given his Buy rating due to a combination of factors including the stabilization of demand and strategic cost management initiatives by International Paper Co. Despite a slight decline in box shipments, the company has managed to close the gap with industry standards, indicating improved operational efficiency and better positioning in the market.
Furthermore, the company is on track to meet its EBITDA guidance for 2025, supported by cost and commercial actions already in place. The expected improvement in pricing and cost dynamics in Europe, along with manageable tariff risks, further strengthens the company’s outlook. With strategic improvements and a focus on local market wins, International Paper Co. is poised for growth, making it a favorable investment opportunity.
In another report released today, RBC Capital also reiterated a Buy rating on the stock with a $62.00 price target.