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Fly News Breaks for August 9, 2016
MNKD
Aug 9, 2016 | 06:02 EDT
Piper Jaffray analyst Joshua Schimmer reiterates an Underweight rating on shares of MannKind with a 10c price target following the company's Q2 results. "Cash strapped" MannKind will have a tough time inflecting "rather abysmal" Afrezza sales rapidly enough to offset its cash burn, Schimmer tells investors in a post-earnings research note.
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