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Mercury (NASDAQ:MRCY) target price raised to $30.00, issued a report today by Robert W. Baird

Yesterday Mercury (NASDAQ:MRCY) traded -0.34% lower at $25.30. The company’s 50-day moving average is $23.27 and its 200-day moving average is $22.58. The last closing price is up 12.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 190,428 shares of the stock were exchanged, down from an average trading volume of 195,031

Mercury (NASDAQ:MRCY) had its target price raised to $30.00 by Robert W. Baird in a report released Thursday October 06, 2016. The new target price indicates a possible upside of 0.19% based on the company's last closing price.

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Mercury has a 52 week low of $15.67 and a 52 week high of $26.37 with a P/E ratio of 45.17 The company’s market cap is currently $0.

In addition to Robert W. Baird reporting its target price, a total of 5 brokers have issued a report on the stock. The consensus target price is $25.00 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Mercury (NASDAQ:MRCY)

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.

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