H.C. Wainwright reiterates a Buy rating on MannKind (MNKD) with an $11 price target after the company provided a 2026 business update. The firm is positive on MannKind’s outlook over the next two years, saying “very little value is ascribed to the multiple tailwinds that could be validated in 2026.” The FDA decision on Afrezz’s label update concerning dose conversion for mealtime insulin switching is on January 23, and a separate application for pediatric use in type 1/2 diabetes has a May 29 action date, the analyst tells investors in a research note.
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