International Paper Company (IP) Tops Q2 EPS by 14c

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International Paper (IP) PT Raised to $56 at RBC Capital

July 25, 2024 6:36 AM EDT

RBC Capital analyst Matthew McKellar raised the price target on International Paper (NYSE: IP) to $56.00 (from $52.00) while maintaining a Outperform rating.

The analyst comments "We came away from the Q2 earnings call with a positive view of the strength of managements conviction... More

International Paper (IP) targets $4B in medium term EBITDA, nearly double 2023

July 24, 2024 8:13 AM EDT

In its earnings conference slides, International Paper Company (NYSE: IP) said it is targeting $4 billion in EBITDA over the medium term. This is versus $2.2 billion in 2023.

The company highlighted:

Foucs on People, Customers & Products where we winSimplify, align and reduce cost... More