Bank of America Cuts International Paper (IP) Target, JPMorgan Also Trims Estimates
International Paper Company (NYSE:IP) is included among the 15 Blue Chip Stocks with Highest Dividends. Bank of America Cuts International Paper (IP) Target, JPMorgan Also Trims Estimates On April 6, Bank of America lowered its price recommendation on International Paper Company (NYSE:IP) to $47 from $53. It reiterated a Buy rating on the shares. The change came as part of the firm’s preview for the packaging and paper group. A few days earlier, on April 2, JPMorgan analyst Detlef Winckelmann lowered th ...