Merrimack Pharmaceuticals (MACK) PT Raised to $15 at Oppenheimer

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Merrimack Pharmaceuticals (MACK) Weakness Creates Buying Opportunity, Mizuho Securities Says

October 23, 2015 6:51 AM EDT

Weakness in Merrimack Pharmaceuticals (NASDAQ: MACK) following FDA approval of ONIVYDE presents a buying opportunity, according to Eric Criscuolo of Mizuho Securities. The firm reiterated an Outperform rating and price target of $16.

Criscuolo commented, "We think the 13% decline following news of ONIVYDE approval... More