Da Davidson is Mayville Engineering Company, Inc. Seeing upsides over 50% on (MEC)

Mayville Engineering Company, Inc. (NYSE:MEC) in Best small company stocks to invest in. On Tuesday, DA Davidson analysts were Mayville Engineering Company, Inc. (NYSE: MEC) reports began with a price target of $23.00. This optimism stems from the company’s strong foothold in the manufacturing truck and machinery components market.

As financial services companies highlighted, Mayville Engineering Company, Inc. (NYSE:MEC) has established itself as a “clear industry leader.” From the latest acquisitions to the implementation of updated business models, the small company has clearly gained investor trust.

A close-up of a heavy-duty machining tool forming steel components.

Recently, Mayville Engineering Company, Inc. (NYSE: MEC) has announced the acquisition of ACCU-FAB from Tide Rock Holdings worth $140.5 million. The transaction will be completed in the third quarter, but Mayville Engineering is already beginning to diversify its portfolio and enter the growing final market.

Mayville Engineering Company, Inc. (NYSE:MEC) is a Wisconsin-based manufacturing partner that offers a variety of services including design, development and assembly. The company provides engineering components to the original equipment manufacturer. Founded in 1945, the Giants mainly serve mandatory commercial vehicles, agriculture, powersports, military and a variety of end markets.

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