Mercury Systems (MRCY) Tops Q2 EPS by 2c, Raises Outlook

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Mercury Computer (MRCY) PT Raised to $30 at Jefferies Following 2Q Report

January 24, 2017 7:18 AM EST

Jefferies raised its price target on Mercury Computer (NASDAQ: MRCY) to $30.00 (from $28.00) while maintaining a Hold rating. Management raised FY17 Adjusted EPS guidance range by 5% at the mid-point to $1.09- $1.14 from $1.03 -$1.09. EPS is now expected to be in the range of $0.49-$0.54, down from... More