Goldman Sachs analyst Noah Poponak maintained a Sell rating on Mercury Systems (MRCY – Research Report) today. The company’s shares closed today at $26.80.
Poponak covers the Industrials sector, focusing on stocks such as Woodward, Boeing, and Mercury Systems. According to TipRanks, Poponak has an average return of -0.1% and a 48.04% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Mercury Systems with a $28.00 average price target.
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The company has a one-year high of $55.08 and a one-year low of $28.90. Currently, Mercury Systems has an average volume of 466.8K.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MRCY in relation to earlier this year.
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Mercury Systems (MRCY) Company Description:
Mercury Systems, Inc. engages in the provision of secure sensor and safety critical mission processing subsystems. It offer products under the following categories: Components, Modules and Sub-Assemblies, and Integrated Subsystems. The Components category refers to technology elements typically performing a single, discrete technological function, which when physically combined with other components may be used to create a module or sub-assembly. The Modules and Sub-Assemblies category includes combinations of multiple functional technology elements and components that work together to perform multiple functions, but are typically resident on or within a single board or housing. The Integrated Subsystems category covers multiple modules and sub-assemblies combined with a backplane or similar functional element and software to enable a solution. The company was founded on July 14, 1981 and is headquartered in Andover, MA.
Read More on MRCY:
- Mercury Systems Reports Second Quarter Fiscal 2024 Results
- Mercury Systems reports Q2 adjusted EPS (42c), consensus 7c
- Mercury Systems (MRCY) Q2 Earnings Cheat Sheet
- Mercury Awarded Subcontract for the U.S. Army’s Next-Generation LTAMDS Radar System
- Mercury Appoints Stuart Kupinsky as Chief Legal Officer
