Mercury Computer Systems (MRCY) Sets 52 Week High

On a day that saw many tech stocks falling, the shares of Mercury Computer Systems Inc. (NASDAQ: MRCY) have jumped more than 10%.

Investors received good news when Boenning & Scattergood analysts maintained their Outperform rating for the company, which designs, manufactures and markets high-performance embedded, real-time digital signal and image processing systems and software for embedded and other specialized computing markets.

Mercury Computer Systems' shares were up more than 10% today, to a 52 week high of $14.33, which still leaves plenty of upside to achieve the Boenning & Scattergood price target of $16.

Other better known tech stocks didn't fare as well today, with prices down for Apple Inc. (Nasdaq: AAPL), Microsoft Corp. (Nasdaq: MSFT), Hewlett-Packard Co. (NYSE: HPQ) and Oracle Corp. (Nasdaq: ORCL).