Mallinckrodt (MNK) Tops Q3 EPS by 20c
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UBS Raises Price Target on Mallinckrodt (MNK) to $92 Following Strong 3Q
August 3, 2016 9:27 AM EDTUBS reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $92.00 (from $85.00), following the company's 3Q earnings report. Strong results lead UBS to revise 2016 estimated revenues to $3.8B from $3.7B and EPS to $8.53 from $8.30.
Analyst Marc Goodman... More
Mallinckrodt (MNK) PT Raised to $95 at Jefferies
August 3, 2016 9:00 AM EDTJefferies analyst Anthony Petrone reiterated a Buy rating and raised his price target on Mallinckrodt plc (NYSE: MNK) to $95.00 (from $85.00) following strong results.
Petrone commented, "F3Q showed continued positive trends in Acthar, INOmax and Ofirmev while headwinds in generics were contained.... More
Mallinckrodt (MNK) PT Raised to $103 at Piper Jaffray
August 3, 2016 8:07 AM EDTPiper Jaffray analyst David Amsellem reiterated an Overweight rating and lifted its price target on Mallinckrodt plc (NYSE: MNK) to $103.00 (from $102.00) following results after the close.
Amsellem commented, "Mallinckrodt reported fiscal 3Q16 adjusted diluted EPS of $2.20 on revenues of $971M, ahead of Street estimates of $2.01 and $922M,... More
Mallinckrodt (MNK) PT Raised to $91 at Leerink Partners
August 3, 2016 7:47 AM EDTLeerink Partners analyst Jason Gerberry reiterated an Outperform rating and raised his price target on Mallinckrodt plc (NYSE: MNK) to $91.00 (from $84.00) following a strong quarter that included a 5% topline and ~10% EPS beat.
Gerberry commented, "MNK remains a valuation call with underappreciated asset durability.... More
Mizuho Securities Raises Price Target on Mallinckrodt (MNK) to $91 Following 2Q Beat
August 3, 2016 7:13 AM EDTMizuho Securities reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $91.00 (from $83.00), following the company's 2Q earnings report. Mallinckrodt reported revenues of $970.6M and EPS of $2.20 vs. the consensus of $921.8M and $2.01.
Analyst Irina Koffler... More
Mallinckrodt plc (MNK): Earnings Potential Still Underappreciated - Guggenheim
August 2, 2016 1:08 PM EDTGuggenheim analyst Louise Chen reiterated a Buy rating and $98 price target on Mallinckrodt plc (NYSE: MNK) following strong earnings. The analyst sees plenty of room for upside and said earnings potential is still underappreciated.
Chen commented, "Post F3Q16, we continue to believe... More
