Mercury Systems: RBC Upgrade Ignites Stock Surge
Update: 2025-10-01
Description
Mercury Systems stock jumps after RBC Capital upgrades rating to Outperform with a new $90 price target, citing the company's strong position in mission-critical defense processing systems. Shares closed up 2.7%, reflecting investor optimism, fueled by positive inflation data and broader market trends. Up nearly 88% year-to-date, Mercury's recent surge marks a significant upturn after a more stagnant five-year period, making it a key stock to watch in the aerospace and defense sector.
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