UBS Downgrades International Paper Company (IP) on Ongoing Cost Pressures
We recently published an article titled 9 Best Lumber Stocks to Invest in Now. On February 2, UBS downgraded International Paper Company (NYSE:IP) to Neutral from Buy and lowered its price target to $44 from $51, citing expectations for continued estimate pressure in 2026 and 2027 due to prolonged transformation costs tied to its cost savings initiatives. The firm noted that a below-consensus first-quarter outlook suggests earnings will be weighted toward the back half of the year, with additional cost he ...