Mallinckrodt plc Board Adds $500 Million To Company's Existing Share Repurchase Program

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Guggenheim Remains Positive on Mallinckrodt (MNK) Post 4Q Beat

November 23, 2015 10:37 AM EST

Guggenheim maintained a Buy rating and $130.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 4Q earnings report. MNK reported F4Q15 EPS of $1.84, $0.09 higher than consensus. Management reaffirmed its F'16 EPS guidance of $7.70 to $8.20 compared to consensus of $7.91.

Analyst Louise... More