Drexel Hamilton Believes Mercury Systems Inc (MRCY) Won’t Stop Here


In a report released today, David Williams from Drexel Hamilton reiterated a Buy rating on Mercury Systems Inc (MRCY), with a price target of $67. The company’s shares opened today at $58.26, close to its 52-week high of $60.85.

According to TipRanks.com, Williams is a 3-star analyst with an average return of 4.5% and a 72.7% success rate. Williams covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Kratos Defense, and KEYW Holding.

Mercury Systems Inc has an analyst consensus of Moderate Buy, with a price target consensus of $65, an 11.6% upside from current levels. In a report released today, SunTrust Robinson also maintained a Buy rating on the stock with a $63 price target.

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The company has a one-year high of $60.85 and a one-year low of $30.11. Currently, Mercury Systems Inc has an average volume of 285.6K.

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Mercury Systems, Inc. engages in the provision of secure sensor and safety critical mission processing subsystems. It offer products in the following categories: Components, Modules and Sub-Assemblies, and Integrated Subsystems.

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