Mallinckrodt (MNK) PT, Estimates Lowered at Leerink Partners Following Mixed Q3
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Piper Jaffray Cuts Price Target on Mallinckrodt (MNK) to $140 Following 3Q EPS Beat
August 5, 2015 9:40 AM EDTPiper Jaffray reiterated an Overweight rating on Mallinckrodt plc (NYSE: MNK), and cut the price target to $140.00 (from $150.00), following 3Q15 results. Mallinckrodt reported 3Q15 diluted EPS of $2.05, ahead of the Street estimate of $1.83. Revenues of $965M missed the Street's $986M estimate.
Analyst David Amsellem commented, "Mallinckrodt reported fiscal... More
JPMorgan Downgrades Mallinckrodt plc (MNK) to Neutral
August 5, 2015 7:10 AM EDTJPMorgan downgraded Mallinckrodt plc (NYSE: MNK) from Overweight to Neutral with a price target of $120.00 (from $140.00).
For an analyst ratings summary and ratings history on Mallinckrodt plc click here. For more ratings news on Mallinckrodt plc click here.
Shares of Mallinckrodt plc closed at $106.73 yesterday.
... MoreMallinckrodt (MNK) Tops Q3 EPS by 23c
August 4, 2015 7:00 AM EDTMallinckrodt (NYSE: MNK) reported Q3 EPS of $2.05, $0.23 better than the analyst estimate of $1.82. Revenue for the quarter came in at $965.1 million versus the consensus estimate of $985.3 million.
"Mallinckrodt reported another solid quarter, with meaningful top- and bottom-line growth in our Specialty Brands segment. The revenue... More
