KeyBanc Starts International Paper (IP) at Hold

March 18, 2013 4:27 PM EDT
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Price: $42.09 +0.60%

Rating Summary:
    7 Buy, 11 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 5 | Down: 17 | New: 12
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KeyBanc initiates coverage on International Paper (NYSE: IP) with a Hold.

Analyst Adam J. Josephson said, "we think investor sentiment is appropriately optimistic and consensus estimates partially incorporate a second successful $50/ton containerboard price increase."

For an analyst ratings summary and ratings history on International Paper (NYSE: IP) click here. For more ratings news on International Paper click here.

Shares of International Paper closed at $45.66 yesterday.

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