Craig-Hallum Reaffirms Their Buy Rating on Mayville Engineering Company (MEC)
Craig-Hallum analyst Greg Palm has reaffirmed a Buy rating on Mayville Engineering Company (MEC) with a price target of $26.00. Palm, a 5-star analyst, has an average return of 11.6% and a 53.50% success rate. Additionally, Northland Securities also issued a Buy rating for MEC, while TR | OpenAI maintained a Hold rating on the same day.
Craig-Hallum analyst Greg Palm reiterated a Buy rating on Mayville Engineering Company today and set a price target of $26.00.
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According to TipRanks, Palm is a 5-star analyst with an average return of 11.6% and a 53.50% success rate. Palm covers the Technology sector, focusing on stocks such as Allient, nLIGHT, and Navitas Semiconductor.
In addition to Craig-Hallum, Mayville Engineering Company also received a Buy from Northland Securities’s Ted Jackson in a report issued yesterday. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Mayville Engineering Company (NYSE: MEC).
