JP Morgan Maintains Neutral on Mercury Sys, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Seth Seifman maintains a Neutral rating on Mercury Systems (NASDAQ:MRCY) and lowers the price target from $37 to $35.
August 16, 2023 | 1:16 pm
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JP Morgan has maintained a Neutral rating on Mercury Systems and lowered the price target from $37 to $35.
The news directly pertains to Mercury Systems (MRCY). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Neutral rating suggests that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100