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Fly News Breaks for October 7, 2015
MNK
Oct 7, 2015 | 08:39 EDT
Leerink analyst Jason Gerberry lowered his price target for Mallinckrodt to $97 after the company issued an outlook for FY16. The outlook is positive, as it implies mid-single digit organic growth from key brands, Gerberry tells investors in a research note. He keeps an Outperform rating on the name.
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