4 Analysts Have This to Say About Mayville Engineering
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have published their opinions on Mayville Engineering (NYSE:MEC) stock. The majority of these ratings are bullish, with an average price target of $20.5, compared to the current price of $11.98. This represents a 2.38% decrease from the previous average price target of $21.00.
August 16, 2023 | 1:01 pm
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Mayville Engineering (NYSE:MEC) has received mostly bullish ratings from analysts, with an average price target of $20.5.
The bullish ratings and higher price target suggest that analysts believe the stock price will increase in the short term. This could potentially lead to an increase in investor interest and buying pressure, which could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100