RBC Capital Maintains Sector Perform on Mercer Intl, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew McKellar maintains a Sector Perform rating on Mercer International (NASDAQ:MERC) but lowers the price target from $10 to $8.
August 12, 2024 | 4:27 pm
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RBC Capital analyst Matthew McKellar maintains a Sector Perform rating on Mercer International (NASDAQ:MERC) but lowers the price target from $10 to $8.
The lowered price target from $10 to $8 by RBC Capital suggests a less optimistic outlook for Mercer International, which could negatively impact the stock price in the short term.
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