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Fly News Breaks for April 19, 2018
MRCY
Apr 19, 2018 | 07:43 EDT
Citi analyst Jonathan Raviv sees "reasonable explanations" for many of the "warning signs" flagged in yesterday's short report on Mercury Systems. Some of the issues were addressed at an early March management meeting, Raviv tells investors in a research note. He continues to like Mercury and thinks yesterday's selloff was unwarranted. The analyst reiterates a Buy rating on the shares.
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