Mercury General Shares Rise After Raymond James Upgrades to Strong Buy From Outperform

MT Newswires Live02-13

Mercury General (MCY) shares were up over 14% in recent Wednesday trading after Raymond James upgraded its rating to strong buy from outperform.

The brokerage also raised its price target to $80 from $70.

Trading volume stood at about 1.1 million shares against a daily average of 619,635.

Price: 57.30, Change: +7.21, Percent Change: +14.39

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