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International Paper Co (IP) Gets a Buy from Wells Fargo

Tipranks - Thu Jul 16, 6:14AM CDT

In a report released today, Gabrial Hajde from Wells Fargo maintained a Buy rating on International Paper Co, with a price target of $42.00.

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According to TipRanks, Hajde is a 3-star analyst with an average return of 2.4% and a 57.04% success rate. Hajde covers the Consumer Cyclical sector, focusing on stocks such as Ball, International Paper Co, and Packaging.

In addition to Wells Fargo, International Paper Co also received a Buy from Truist Financial’s Michael Roxland in a report issued on July 10. However, yesterday, Bank of America Securities downgraded International Paper Co (NYSE: IP) to a Hold.

Based on International Paper Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.97 billion and a net profit of $60 million. In comparison, last year the company earned a revenue of $5.9 billion and had a GAAP net loss of $105 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IP in relation to earlier this year. Most recently, in May 2026, Scott Tozier, a Director at IP bought 10,000.00 shares for a total of $313,000.00.

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