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Fly News Breaks for March 6, 2015
MNK
Mar 6, 2015 | 07:17 EDT
UBS raised its price target on Mallinckrodt to $141 from $120 as the firm believes its investment thesis continues to play out. The firm likes its most recent acquisitions of Ikaria and Questcor, as they add long duration products and operating leverage. UBS feels the story is far from over and reiterated its Buy rating on Mallinckrodt shares.
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