Why Mercer Shares Are Surging Today

Credit Suisse  analyst Andrew M. Kuske upgraded Mercer International Inc.  (NASDAQ: MERC ) to Outperform from Neutral  and raised the price target to $19 (an upside of 36%) from $18.50. The analyst believes Mercer faces many positives ranging from commodity prices (pulp, lumber, and power) to favorable FX rates and a rather attractive valuation. Kuske states that on a ... Full story available on Benzinga.com