Form 8-K Mallinckrodt plc For: May 08

Go back to Form 8-K Mallinckrodt plc For: May 08

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