JPMorgan Adjusts International Paper (IP) Target as Industry Faces Supply Headwinds

International Paper Company (NYSE:IP) is included among the 11 Best Low Priced Dividend Stocks to Buy According to Analysts.

On December 5, JPMorgan analyst Detlef Winckelmann trimmed his price target on International Paper Company (NYSE:IP) to $46 from $48 while maintaining a Neutral stance. He noted that with excess supply “looming in almost every market across almost every product grade,” the setup for 2026 looks challenging for the broader paper and packaging space. Even so, he pointed out that the US corrugated packaging market is going through a structural capacity reset that should help keep pricing supported in 2026.

International Paper Company (NYSE:IP)’s latest move lines up with that view. Earlier in November, the company said that it would shut down two US packaging plants by January as part of its ongoing cost-cutting and consolidation efforts amid softer demand. The closures affect facilities in Compton, California, and Louisville, Kentucky, and will impact approximately 218 employees. Production from those sites will be shifted to nearby locations.

International Paper Company (NYSE:IP) has been restructuring its business throughout the year. After acquiring UK-based DS Smith, the company continued to streamline its portfolio by selling its global cellulose fibers unit to American Industrial Partners for $1.5 billion in August, a move aimed at sharpening its focus on sustainable packaging.

International Paper Company (NYSE:IP) is a major global player in packaging and paper, with a core business built around corrugated packaging, industrial papers, and consumer packaging.

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