Mercury Systems (MRCY) Reports In-Line Q3 EPS, Offers Q4 and FY Guidance

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Mercury Computer (MRCY) PT Raised to $39 at Jefferies; Reiterates Hold

April 26, 2017 8:56 AM EDT

Jefferies raised its price target on Mercury Computer (NASDAQ: MRCY) to $39.00 (from $30.00) while maintaining a Hold rating. Adjusted for acquisition expense and one-time items, EPS was reported at $0.29, $0.02 better than estimates.

Management revises FY17 Adjusted EPS guidance by 2c at the mid-point to... More