RBC Capital analyst Matthew McKellar has maintained an Outperform rating on International Paper (NYSE: IP) while raising the stock's price target to $48 from $45. This adjustment aligns with a broader trend of positive revisions from major brokerage firms, signaling a revised outlook on the company's valuation and potential performance.

Rating and Price Action

The research notes confirm the firms' stances on the stock. The new price targets represent increases over the prior targets for all four firms.

International Paper will close its Carrollton South packaging facility in Carrollton, Texas, by the end of the third quarter of 2026 to align its manufacturing footprint with customer demand. The move is part of the company's strategy to strengthen the long-term competitiveness of its North America packaging business. Customers currently serviced by the Carrollton South facility will be transitioned to other International Paper facilities in the region.

The closure reflects International Paper's regular evaluation of its network to ensure resources are allocated to deliver the greatest value to customers. The company stated this action is consistent with its disciplined, long-term strategy. Keith Townsend, Group Vice President, North America Packaging East at International Paper, emphasized that decisions affecting people and communities are not made lightly.

Employees affected by the closure will receive severance, continued benefits, and outplacement support. The company is committed to supporting team members throughout the transition. International Paper is a leader in corrugated packaging and creates sustainable packaging solutions for customers across various industries.

The decision is subject to risks and uncertainties, including the company's ability to achieve the desired outcome and realize anticipated benefits from its strategic transformation initiatives. These forward-looking statements are based on management's current views and are subject to factors that could cause actual results to differ materially.

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