JP Morgan Maintains Neutral on Mercury Sys, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains a Neutral rating on Mercury Systems (NASDAQ:MRCY) but raises the price target from $26 to $36.
September 05, 2024 | 4:03 pm
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JP Morgan has maintained a Neutral rating on Mercury Systems but increased the price target from $26 to $36, indicating a more positive outlook.
The increase in the price target from $26 to $36 suggests a more optimistic view on Mercury Systems' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100