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International Paper (IP) Stock Price Target Lowered at Jefferies

2015-07-08 17:03:52| Paper - Topix.net

Due to sluggish volumes, analysts expect in line to modest misses to the second quarter 2015, but expectations are low, the firm stated. Thus, analysts lowered earnings estimates for 2015 and 2016 to $3.92 from $4.03, and $$3.95 from $4.31, respectively.

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