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Fly News Breaks for February 1, 2019
IP
Feb 1, 2019 | 07:52 EDT
RBC Capital analyst Paul Quinn raised his price target on International Paper to $54 and kept his Outperform rating after its Q4 results and FY19 guidance that featured a nearly 20% increase in expected free cash flows coming from lower capital expenditures. The analyst notes that his price target change is driven by a higher assumed forward expected EBITDA multiple of 7.5-times vs. 7.0-times prior.
News For IP From the Last 2 Days
IP
Apr 16, 2024 | 08:52 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Macatawa... To see the rest of the story go to thefly.com. See Story Here
