CIBC Downgrades Mercer International to Underperformer, Lowers Price Target to $0.15
CIBC analyst Hamir Patel downgrades Mercer International (NASDAQ:MERC) from Neutral to Underperformer and lowers the price target from $0.75 to $0.15.
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Why It Matters
A big bank analyst thinks Mercer stock will do poorly. They cut their price guess from 75 cents to 15 cents.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.