RBC Capital Maintains Sector Perform on Mercer Intl, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew McKellar has maintained a 'Sector Perform' rating on Mercer International (NASDAQ:MERC) and increased the price target from $9 to $10.

February 28, 2024 | 2:43 pm
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RBC Capital has maintained its 'Sector Perform' rating on Mercer International and raised the price target from $9 to $10.
The increase in price target by RBC Capital suggests a positive outlook on Mercer International's stock, potentially leading to short-term price appreciation. The 'Sector Perform' rating indicates that the stock is expected to perform in line with the sector, but the raised target price signals analyst confidence in the company's prospects.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90