US EditionMercer price target lowered to $5 from $6 at CIBC
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Mercer price target lowered to $5 from $6 at CIBC
TipRanks Wed, May 7, 2025, 10:21 AM 1 min read In This Article: CIBC analyst Hamir Patel lowered the firm’s price target on Mercer (MERC) to $5 from $6 on lower estimates, while keeping a Neutral rating on the shares. Despite increased uncertainty for global pulp demand given the deteriorating trade relationship between the U.S. and China, the firm notes that Mercer has some of the most modern NBSK pulp mills in the world, assets with growing sc…
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