International Paper price target lowered to $58 from $62 at BMO Capital BMO Capital reduced its price target on International Paper citing concerns regarding containerboard capacity additions. The firm also lowered its estimates for the company based on wet weather conditions in the U.S. South that have raised hardwood costs and start-up allowances at the company's Ilim partner. BMO Capital keeps an Outperform rating on International Paper.
News For IP From The Last 14 Days
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