Mallinckrodt (MNK) to Acquire Therakos in $1.33B Deal

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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