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Fly News Breaks for January 6, 2017
MERC
Jan 6, 2017 | 07:02 EDT
As previously reported, RBC Capital analyst Paul Quinn downgraded Mercer (MERC) to Sector Perform from Outperform citing the stock's recent run-up as well as expectations for weaker pulp market conditions in 2017. Quinn, who also downgraded Clearwater Paper (CLW) to Underperform from Sector Perform this morning, has a $10 price target on Mercer shares.
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