Truist Securities Reiterates Buy on Mercury Sys, Maintains $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has reiterated a 'Buy' rating on Mercury Systems (NASDAQ:MRCY), maintaining a price target of $48.
September 19, 2023 | 3:51 pm
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POSITIVE IMPACT
Mercury Systems' stock rating has been reiterated as 'Buy' by Truist Securities with a maintained price target of $48.
The reiteration of a 'Buy' rating by a reputable analyst like Michael Ciarmoli from Truist Securities is a positive signal for Mercury Systems. The maintained price target of $48 also indicates confidence in the company's stock performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100