Mallinckrodt plc Reports First Quarter 2018 Results

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Go back to Mallinckrodt plc Reports First Quarter 2018 Results

Cantor Fitzgerald Remains Bullish on Mallinckrodt (MNK) Following 1Q

May 9, 2018 7:56 AM EDT

Cantor Fitzgerald reiterated an Overweight rating and $42.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 1Q earnings report. MNK reported EPS of $1.31, $0.23 above FactSet consensus. MNK did not change its 2018 EPS guidance of $6.00-6.50 (FactSet consensus was $6.17).

Analyst Louise Chen believes that... More

Mallinckrodt plc (MNK) PT Lowered to $29 at BMO Capital

May 9, 2018 7:47 AM EDT

BMO Capital lowered its price target on Mallinckrodt plc (NYSE: MNK) to $29.00 (from $33.00) while maintaining a Outperform rating.

Analyst Gary Nachman commented, "MNK delivered good results in 1Q, particularly relative to lowered expectations for Acthar. Management indicated it is making headway stabilizing that... More