Mallinckrodt (MNK) Tops Q2 EPS by 54c, Revenues Beat

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Go back to Mallinckrodt (MNK) Tops Q2 EPS by 54c, Revenues Beat

Mallinckrodt plc (MNK) PT Lowered to $2 at BMO Capital

August 4, 2020 12:50 PM EDT

BMO Capital analyst Gary Nachman lowered the price target on Mallinckrodt plc (NYSE: MNK) to $2.00 (from $4.00) while maintaining a Market Perform rating.

The analyst commented, "2Q results overall were better than previously lowered expectations given COVID-19 and other pressures, but focus... More

Mallinckrodt (MNK) Warns of Chapter 11 Filing

August 4, 2020 6:25 AM EDT

With earnings, Mallinckrodt (NYSE: MNK) said it continues to work to resolve outstanding issues related to opioids, Acthar Gel, and other risks, as well as address overall debt levels, and is considering with its external advisors all options to address legal and financial... More