Information Provided By:
Fly News Breaks for May 24, 2017
MNK
May 24, 2017 | 07:33 EDT
UBS analyst Marc Goodman hosted Mallinckrodt management meetings and came away with the impression they understand what they need to do to restore investors confidence with regards to Acthar and subsequently their stock. The analyst noted the company's strong balance sheet and free cash flow, its accretive deals and its diversification from Acthar. Goodman also believes the Street is underappreciating the company's pipeline. Goodman reiterated his Buy rating and $70 price target on Mallinckrodt shares.
News For MNK From the Last 2 Days
There are no results for your query MNK
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.