Alembic Global Upgrades Mercury Sys to Overweight, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Alembic Global analyst Peter Skibitski has upgraded Mercury Systems (NASDAQ:MRCY) from Neutral to Overweight, setting a price target of $48.
August 19, 2024 | 1:45 pm
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POSITIVE IMPACT
Alembic Global has upgraded Mercury Systems to Overweight with a $48 price target, indicating a positive outlook on the stock.
The upgrade from Neutral to Overweight by Alembic Global suggests increased confidence in Mercury Systems' performance. The $48 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100