Deutsche Bank Starts International Paper (IP) at Hold, Flags Sector Pressures

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Deutsche Bank initiated coverage of International Paper Company (NYSE:IP) with a Hold rating and a $38 price target, citing ongoing sector pressures from weak consumer demand, cost inflation, higher oil prices, and tariffs. Despite these challenges, the bank is constructive on the rigid and flexible packaging group, though cautious on fiber-based packaging. International Paper plans to build a new $225 million sustainable packaging facility in Rankin County, Mississippi, to modernize operations and enhance efficiency.

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