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Fly News Breaks for February 1, 2019
IP
Feb 1, 2019 | 07:11 EDT
Citi analyst Anthony Pettinari raised his price target for International Paper to $53 following the company's "mixed" Q4 results. The good news is that International Paper pointed to improving volumes in December and January, while the Industrial Packaging segment posted post-recession record EBITDA per ton in Q4, Pettinari tells investors in a research note. He reiterates a Buy rating on the shares.
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