Truist analyst Michael Roxland lowered the firm’s price target on International Paper to $40 from $46 and keeps a Buy rating on the shares. The company’s Q4 results topped estimates, but its FY24 is shaping up to be a transition year focused on margin and sales mix improvement, 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>>
See the top stocks recommended by analysts >>
Read More on IP: