Citigroup Lowers International Paper (IP) Target, Flags Tough Packaging Sector Setup

International Paper Company (NYSE:IP) is included among the 14 Value Stocks with Highest Dividends. Citigroup Lowers International Paper (IP) Target, Flags Tough Packaging Sector Setup On April 14, Citigroup lowered its price recommendation on International Paper Company (NYSE:IP) to $44 from $47. It reiterated a Buy rating on the shares. The firm updated its estimates…


Citigroup Lowers International Paper (IP) Target, Flags Tough Packaging Sector Setup

International Paper Company (NYSE:IP) is included among the 14 Value Stocks with Highest Dividends.

Citigroup Lowers International Paper (IP) Target, Flags Tough Packaging Sector Setup
Citigroup Lowers International Paper (IP) Target, Flags Tough Packaging Sector Setup

On April 14, Citigroup lowered its price recommendation on International Paper Company (NYSE:IP) to $44 from $47. It reiterated a Buy rating on the shares. The firm updated its estimates for the packaging group as part of its Q1 preview. It described the near-term setup as โ€œtoughโ€ for the sector, pointing to rising energy and fiber costs. It also noted that boxboard conditions remain challenging. Oversupplied markets are limiting pricing power, the analyst said in a research note.

On April 1, Deutsche Bank initiated coverage of International Paper with a Hold rating and a $38 price target. The firm launched coverage of the packaging sector and said it is โ€œnavigating a complex and evolving economic landscapeโ€ in early 2026. It pointed out that last yearโ€™s pressures from soft consumer demand and cost inflation have not eased. Now, higher oil prices and tariff-related pressures are adding to the strain, creating a difficult backdrop for the industry, the analyst said in a research note. Deutsche said it is โ€œconstructive on the rigid and flexible packaging groupโ€ and โ€œcautiousโ€ on the fiber-based packaging group.

International Paper Company (NYSE:IP) is a sustainable packaging solutions company. It operates through Packaging Solutions North America and Packaging Solutions EMEA. Its offerings include packaging, packaging services, and recycling.

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