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Do Analysts Expect Mercury Systems Inc (MRCY) Stock to Rise After It Has Fallen -2.83% in a Month?

Wednesday, February 14, 2024 10:16 AM | InvestorsObserver Analysts

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Do Analysts Expect Mercury Systems Inc (MRCY) Stock to Rise After It Has Fallen -2.83% in a Month?

InvestorsObserver is giving Mercury Systems Inc (MRCY) an Analyst Rating Rank of 5, meaning MRCY is ranked higher by analysts than 5% of stocks. The average price target for MRCY is $28 and analyst’s rate the stock as a Hold.

Overall Score - 2.9
Wall Street analysts are rating MRCY a Hold today. Find out what this means to you and get the rest of the rankings on MRCY!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Mercury Systems Inc Stock Today?

Mercury Systems Inc (MRCY) stock is trading at $30.90 as of 10:16 AM on Wednesday, Feb 14, an increase of $0.85, or 2.85% from the previous closing price of $30.04. The stock has traded between $30.47 and $31.62 so far today. Volume today is low. So far 94,063 shares have traded compared to average volume of 727,626 shares. Click Here to get the full Stock Report for Mercury Systems Inc stock.

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