International Paper (IP) Tops Q2 EPS by 5c

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Go back to International Paper (IP) Tops Q2 EPS by 5c

UBS Cuts Price Target on International Paper (IP) Following 2Q Earnings Results

July 30, 2015 11:32 AM EDT

UBS maintained a Buy rating on International Paper (NYSE: IP), and cut the price target to $57.00 (from $59.00), following 2Q earnings results. Analyst Gail Glazerman believes that the shares being off ~3.5% is unwarranted based on the earnings report.

Glazerman commented, "IP shares are off ~3.5% following... More