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Friday, August 10, 2018

Mallinckrodt price target raised to $30 from $17 at Mizuho


Mizuho analyst Irina Koffler raised her price target for Mallinckrodt to $30 but reiterates a Neutral rating on the shares. While the valuation post-earnings benefited from higher Acthar sales and improved gross margin, Koffler says she remains cautious on pipeline readouts.

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