Published On: Wed, Oct 19th, 2016

Mercury Systems Inc (NASDAQ:MRCY) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Mercury Systems Inc (NASDAQ:MRCY).

10/05/2016 – Broker: Robert W. Baird Rating: outperform New Target: 30 newcoverage

08/03/2016 – Broker: Noble Financial Rating: hold reiteration

08/03/2016 – Broker: Jefferies Rating: hold New Target: 27 reiteration

06/10/2016 – Broker: Citigroup Rating: buy New Target: 27 newcoverage

03/30/2016 – Broker: Sterne Agee Rating: buy New Target: 30 reiteration

08/24/2015 – Broker: Drexel Hamilton Rating: buy New Target: 19 newcoverage

05/03/2015 – Broker: Zacks Rating: hold New Target: 16 downgrade

09/17/2014 – Broker: William Blair Rating: outperform reiteration

The average price target from the most recent broker reports is 24.83

The stock increased +1.73% (+0.41) during the last days session, reaching 24.11 and roughly 116602 shares were bought or sold by traders. Mercury Systems Inc (NASDAQ:MRCY) has increased by +45.33% over 12 months.

Mercury Systems, Inc. is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. The Company’s technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components. In addition, the Company designs and builds RF and microwave components and subsystems to meet the needs of the electronic warfare (EW), signals intelligence (SIGINT) and other high bandwidth communications requirements and applications. The Company offers analyst services and systems engineering support, consulting, maintenance and other support, testing and installation. The Company designs, markets and sells software and middleware environments for the development and execution of signal and image processing applications on a range of heterogeneous and multi-computing platforms.