Wells Fargo raised the firm’s price target on MannKind (MNKD) to $10 from $8 and keeps an Overweight rating on the shares following the disclosure of the company’s involvement with Ralinepag DPI, and ahead of Afrezza and Furoscix PDUFAs. The firm believes there are now multiple avenues for revenue growth.
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Read More on MNKD:
- MannKind reports Q1 EPS (2c), consensus 1c
- MannKind Buy Rating Reiterated as United Therapeutics Expands DPI Partnership; $8 Price Target Unchanged
- MNKD Earnings this Week: How Will it Perform?
- MannKind’s Inhaled Nintedanib Trial: Early IPF Study Moves Forward
- MannKind price target lowered to $8 from $10 at Mizuho
