Wells Fargo analyst Gabe Hajde raised the firm’s price target on International Paper (IP) to $44 from $43 and keeps an Underweight rating on the shares. The firm continues to believe too much optimism is priced in, leaving downside risk. Wells notes that Cboard producers have responded to sluggish demand fundamentals by removing excess capacity, serving to hold pricing flat for seven months. The firm’s revised expectation is that a $50-$70/ton price increase is announced following Q3/25 reporting for Jan 1, 2026 implementation.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IP:
- International Paper price target lowered to $55 from $60 at UBS
- Smurfit Westrock upgraded to Buy from Neutral at Seaport Research
- International Paper downgraded to Neutral from Buy at Seaport Research
- Trump Weekly: White House announces drug pricing deal with Pfizer
- Trump announces lumber tariffs, Exxon Mobil to cut 2,000 jobs: Morning Buzz