Mallinckrodt plc Reports Fiscal 2016 Second Quarter Results

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Mizuho Securities Remains Bullish Following Mallinckrodt's (MNK) Solid 2Q Beat

May 4, 2016 7:07 AM EDT

Mizuho Securities reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $80.00 (from $78.00), following the company's 2Q earnings report. MNK reported revenue of $918M and EPS of $2.01, vs consensus estimates of $872M and $1.73. Management raised EPS guidance to $8.15-$8.50 from... More

Mallinckrodt's (MNK) Price Target Raised to $102 at Piper Jaffray

May 3, 2016 3:19 PM EDT

Piper Jaffray maintained an Overweight rating on Mallinckrodt plc (NYSE: MNK) and raised its price target to $102.00 (from $97.00).

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 $60.71 yesterday.

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Mallinckrodt (MNK) Tops Q2 EPS by 29c; Raises Outlook

May 3, 2016 6:38 AM EDT

Mallinckrodt (NYSE: MNK) reported Q2 EPS of $2.01, $0.29 better than the analyst estimate of $1.72. Revenue for the quarter came in at $918 million versus the consensus estimate of $871.47 million.

GUIDANCE:

Mallinckrodt sees FY2016 EPS of $8.15-$8.50, versus prior guidance of $7.85-$8.30 and the... More