Mayville Engineering Company Inc. (MEC) Misses Q3 EPS by 3c

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Go back to Mayville Engineering Company Inc. (MEC) Misses Q3 EPS by 3c

Northland Downgrades Mayville Engineering (MEC) to Market Perform, 'disappointing 3Q24'

November 7, 2024 8:58 AM EST

Northland analyst Ted Jackson downgraded Mayville Engineering (NYSE: MEC) from Outperform to Market Perform with a price target of $20.00 (from $30.00).

The analyst comments "We are dropping our price target to $20 from $30 and lowering our rating to MP. MEC reported disappointing 3Q24 results and... More