Questcor price target raised to $38 from $30 at Jefferies Jefferies raised its price target for Questcor citing higher Acthar sales following the company's Q4 results and keeps a Buy rating on the stock. The firm believes Questcor's outlook for 2013 is robust despite some headwinds in Q1.
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.