MannKind reported solid results ‘top to bottom’ in Q4, says H.C. Wainwright

H.C. Wainwright analyst Oren Livnat said MannKind’s Q4 “was the cleanest underlying quarter” since he’s covered the company, calling the results “solid…top to bottom.” The company still “has a lot to prove this year,” but Livnat expects an acceleration for Afrezza after what he expects to likely be a “flattish” first quarter. The analyst, who sees upside potential in MannKind’s pipeline, reiterates a Buy rating on the shares with a $4 price target.

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