RBC Capital Maintains Sector Perform on Mercury Sys, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert maintains a Sector Perform rating on Mercury Systems (NASDAQ:MRCY) and raises the price target from $30 to $35.
August 14, 2024 | 3:53 pm
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RBC Capital analyst Ken Herbert maintains a Sector Perform rating on Mercury Systems and raises the price target from $30 to $35.
The raised price target from $30 to $35 by RBC Capital suggests a positive outlook for Mercury Systems, which could lead to a short-term increase in the stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
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