Mallinckrodt (MNK) Tops Q3 EPS by 23c

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Leerink Partners Upgrades Mallinckrodt plc (MNK) to Outperform on Valuation

August 6, 2015 2:40 PM EDT

Leerink Partners upgraded Mallinckrodt plc (NYSE: MNK) from Market Perform to Outperform with a price target of $112. Analyst Jason M. Gerberry tied the upgrade to valuation.

"We are upgrading MNK on valuation as the stocks recent plummet post F3Q has created a buying opportunity, in our... More

Piper Jaffray Cuts Price Target on Mallinckrodt (MNK) to $140 Following 3Q EPS Beat

August 5, 2015 9:40 AM EDT

Piper Jaffray reiterated an Overweight rating on Mallinckrodt plc (NYSE: MNK), and cut the price target to $140.00 (from $150.00), following 3Q15 results. Mallinckrodt reported 3Q15 diluted EPS of $2.05, ahead of the Street estimate of $1.83. Revenues of $965M missed the Street's $986M estimate.

Analyst David Amsellem commented, "Mallinckrodt reported fiscal... More

Mallinckrodt (MNK) PT, Estimates Lowered at Leerink Partners Following Mixed Q3

August 5, 2015 7:48 AM EDT

Leerink Partners analyst Jason Gerberry lowered estimates and his price target on Market Perform-rated Mallinckrodt plc (NYSE: MNK) to $112.00 (from $133.00) following mixed Q3 results that included a ~$20m miss on consensus due to weaker than expected Acthar (autoimmune disease) and oxycodone Gx... More

JPMorgan Downgrades Mallinckrodt plc (MNK) to Neutral

August 5, 2015 7:10 AM EDT

JPMorgan downgraded Mallinckrodt plc (NYSE: MNK) from Overweight to Neutral with a price target of $120.00 (from $140.00).

For an analyst ratings summary and ratings history on Mallinckrodt plc click here. For more ratings news on Mallinckrodt plc click here.

Shares of Mallinckrodt plc closed at $106.73 yesterday.

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