
TD Securities Downgrades Mercer International (NASDAQ:MERC) to Sell

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TD Securities has downgraded Mercer International (NASDAQ:MERC) from a "hold" to a "sell" rating, raising the price target from $2.00 to $2.25. This new target suggests a potential downside of 10.18% from the stock's previous close. Other analysts have also issued sell ratings, with a consensus rating of "Reduce" and a target price of $3.10. The stock traded down 1.4% to $2.51, with a twelve-month low of $1.48 and a high of $8.28. Mercer reported a quarterly EPS of ($0.97), missing estimates, and has a market cap of $167.79 million.
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