Rochester, NY 8/19/2009 6:51:34 PM
International Paper Company, IP - International Paper Recently Included in Goldman Sachs Conviction Buy List
International Paper Company
Goldman Sachs have added International Paper to their Conviction Buy List, representing a 34% upside with a 26% price target. Goldman Sachs cited leverage to early cycle container-board, robust free cash flow profile, significant deleveraging portfolio and valuation.
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International Paper Company is a global paper and packaging company that is complemented by a North American merchant distribution system, with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa.
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