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Fly News Breaks for August 2, 2017
MRCY
Aug 2, 2017 | 07:50 EDT
SunTrust analyst Michael Ciarmoil says that investors were concerned about Mercury's Q4 guidance, but he says that it's conservative. The analyst says that the company's results will be hurt by an increase in its R&D spending, but he is upbeat about its growth opportunity and says that it can make accretive deals. The analyst recommends buying the stock on any weakness.
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