Baird Maintains Neutral on Mercury Sys, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment maintains a Neutral rating on Mercury Systems (NASDAQ:MRCY) and lowers the price target from $30 to $25.
August 16, 2023 | 12:06 pm
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NEGATIVE IMPACT
Baird analyst has maintained a Neutral rating on Mercury Systems and lowered the price target from $30 to $25.
The lowering of the price target by Baird analyst from $30 to $25 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Mercury Systems' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100