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MannKind initiated with a Buy at Truist

Truist initiated coverage of MannKind (MNKD) with a Buy rating and $9 price target MannKind continues to execute with their technology, with both Afrezza and Tyvaso DPI, and the recent acquisition of scPharmaceuticals adds another topline driver, Furoscix, for fluid overload, the analyst tells investors in a research note. MannKind’s orphan lung pipeline continues to advance for longer-term diversification and growth for the company, Truist says.

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