Questcor meeting indicates Acthar execution on track, says Lazard Capital Lazard Capital said its meeting with Questcor management indicated that Acthar execution remains on track despite recent changes in reimbursement policies from major payors. The firm reiterates a Buy rating on the stock with a $74 price target.
News For QCOR From The Last 14 Days
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Mallinckrodt price target lowered to $77 from $90 at Leerink Leerink lowered its price target for Mallinckrodt (MNK) shares to $77 citing a heightened risk profile from the Questcor (QCOR) acquisition and significant earnings concentration in Acthar. The firm says it remains on the sidelines with a Market Perform rating on Mallinckrodt.
Mallinckrodt remains favorite specialty pharmaceutical name, says UBS UBS said Mallinckrodt (MNK) remains its favorite specialty pharmaceutical name following the company's update on its merger with Questcor (QCOR). The firm sees estimates increasing following the close of the transaction, the divestiture of the Medical Imaging division, and the reinvestment in higher margin assets. UBS has a Buy rating with a $94 price target on Mallinckrodt.