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

JPMorgan analyst Detlef Winckelmann adjusted International Paper Company’s (NYSE:IP) target to $46 from $48 due to excess supply challenges in the paper and packaging industry.

International Paper Company (NYSE:IP) announced the closure of two US packaging plants to cut costs and consolidate operations, impacting around 218 employees.

After selling its global cellulose fibers unit for $1.5 billion, International Paper Company (NYSE:IP) continues to focus on sustainable packaging and streamline its business.

International Paper Company (NYSE:IP) is a key player in packaging and paper, specializing in corrugated packaging, industrial papers, and consumer packaging.

Read more at Yahoo Finance: JPMorgan Adjusts International Paper (IP) Target as Industry Faces Supply Headwinds