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Fly News Breaks for June 6, 2016
MNK
Jun 6, 2016 | 07:11 EDT
Goldman analyst Stephan Stewart initiated Mallinckrodt with a Neutral and $73 price target. The analyst said Mallinckrodt's low organic growth, high product concentration, ongoing generic pressures, and durability concerns of its largest branded drug, Acthar, keeps him on the sidelines.
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