** Packaging company International Paper's IP.N shares up 2% at $52.39
** Brokerage Citigroup resumes coverage with "buy" rating and PT of $60
** Expects significant earnings improvement potential from DS Smith acquisition and cost-saving measures
** "Earnings can ramp quickly from '26 as IP moves closer to its $2B medium-term cost savings target and drives further synergy realization with DS Smith" - brokerage
** Views March 25 investor day as a catalyst and expects co to raise its target in terms of cost savings and additional revenue from its acquisition of DS Smith
** IP stock has risen 5.8% YTD including session's moves
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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