Merrimack Provides Business Update and Reports 2017 Financial Results

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Merrimack Pharmaceuticals (MACK) PT Lowered to $12 at Baird

March 12, 2018 11:10 AM EDT

Baird lowered its price target on Merrimack Pharmaceuticals (NASDAQ: MACK) to $12.00 (from $15.00) while maintaining a Neutral rating.

Analsyt Michael Ulz said while multiple readouts are expected later this year, they are incrementally cautious and reiterate our Neutral rating.

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