Deutsche raises its price target for International Paper (IP +3.1%) to $41 from $39 following...


Deutsche raises its price target for International Paper (IP +3.1%) to $41 from $39 following the company's announcement of an agreement with the DoJ on Friday for its purchase of Temple-Inland (TIN). Deutsche says the deal should to be neutral to FY12 earnings, and adds that it's surprised that IP won't be forced to divest any converting assets.

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