On July 28, International Paper rose 5.26% in regular trading, trading at $44.68/share, with turnover of $82.31 million.

On the news front, JPMorgan upgraded International Paper from Neutral to Overweight, significantly raising its price target from $51 to $61, implying approximately 37% upside from the current stock price. This marks JPMorgan's second target increase in July, having previously raised it from $43 to $51 on July 9.

The upgrade follows a wave of bullish institutional actions over recent weeks. RBC Capital raised its target to $48 maintaining an Outperform rating, Truist Securities lifted its target to $46 with a Buy rating, and UBS raised its target from $32 to $40. The analyst consensus mean price target has risen to $44.40. Within the Paper Packaging sector, peers also posted gains, with Graphic Packaging up 5.52%, Avery Dennison up 4.79%, Smurfit WestRock up 3.32%, Amcor up 3.05%, and Packaging Corp of America up 1.86%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)