BofA Securities Upgrades International Paper (IP) to Buy

BofA Securities analyst George Staphos upgraded International Paper (NYSE: IP) from Neutral to Buy with a price target of $46.00 (from $34.00).

The analyst comments "We continue to make forecast and rating changes heading into 2026’s home stretch. Following our recent Sonoco (SON) downgrade to Neutral, we upgrade International Paper (IP) to Buy from Neutral. We raise containerboard price forecasts, along with other grades, and this is the primary driver of our forecast and rating change."

For an analyst ratings summary and ratings history on International Paper click here. For more ratings news on International Paper click here.

Shares of International Paper closed at $34.29 yesterday.

You May Also Be Interested In

• Shoe Station Group (SHOE) PT Lowered to $15 at Williams Trading
• Bernstein SocGen: 'BASF SE (BAS:GR) (BASFY) would be the greatest beneficiary'
• Jazz Pharmaceuticals (JAZZ) PT Raised to $337 at UBS on GEA Approval for Ziihera