Mercury Systems up 20%; Baird upgrades to 'outperform' on turnaround confidence
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Raymond James on Mercury Systems (MRCY): 'Another Strong Print Adds Confidence, Visibility, and Momentum'
February 5, 2025 9:11 AM ESTRaymond James analyst Brian Gesuale raised the price target on Mercury Systems (NASDAQ: MRCY) to $50.00 (from $40.00) while maintaining a Outperform rating.
The analyst comments "We are reiterating our Outperform rating and raising our price target to $50 as MRCY produced another strong quarter proving that its emergence from a string of... More
