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Benzinga

Business

Akanksha Bakshi

Mercury Systems Rockets Past Expectations As Analysts Boost Targets

Mercury Brian Gesuale JPMorgan

Fremont,,Ca,,Usa,-,Feb,28,,2020:,The,Entrance,Sign

Mercury Systems, Inc‘s (NASDAQ:MRCY) strong fourth-quarter and full-year fiscal 2025 performance, exceeding market expectations.

Raymond James analyst Brian Gesuale upgraded the stock to a “Strong Buy” rating, significantly raising the price forecast from $55 to $80.
JPMorgan analyst Seth Seifman maintained a Neutral rating but raised his price forecast from $56 to $68.
Truist Securities analyst Michael Ciarmoli kept his Buy rating and increased his price forecast from $60 to $71.
Baird analyst Peter Arment maintained his Outperform rating, raising his price forecast from $58 to $70.

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