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Fly News Breaks for December 4, 2019
Dec 4, 2019 | 08:26 EDT
Baird analyst Peter Arment said Mercury Systems management reiterated its 2020 guidance at its annual investor day and highlighted the long-term opportunity as share gains increase from industry outsourcing and expanded capabilities within the Tier-2 subsytems market. Arment reiterated his Outperform rating and $87 price target and said he would add to positions on any pullback.
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