Mallinckrodt (MNK) Q1 Report Released, Sees FY 2017 Revenues Down 2-5%

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Mallinckrodt plc (MNK) PT Lowered to $83 at Piper Jaffray

February 8, 2017 9:24 AM EST

Piper Jaffray analyst David Amsellem maintains Overweight rating, but lowers price target on Mallinckrodt (NYSE: MNK) to $83 (from $108), suggesting expected weakness in generics, despite another solid quarter for Acthar sales.

Amsellem comments, "Mallinckrodt reported transition period adjusted diluted EPS of $1.91 on revenues of... More

Mizuho Reiterates Buy Rating on Mallinckrodt (MNK) But Needs 'Transformative' Deal

February 8, 2017 6:53 AM EST

Mizuho analyst Irina Koffler reiterates Buy rating and $69 price target on Mallinckrodt PLC (NYSE: MKN), suggesting the company needs a transformative deal to provide a catalyst for the stock.

Koffler comments, Relatively uneventful quarter and 2017 guide: MNK reported a beat on the Dec... More