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Message: MannKind Upgraded by JMP Securities to “Market outperform” (MNKD)

MannKind (NASDAQ: MNKD) was upgraded by equities research analysts at JMP Securities from a “market perform” rating to a “market outperform” rating in a research note issued to investors on Friday.

A number of other firms have also recently commented on MNKD. Analysts at Zacks reiterated a “neutral” rating on shares of MannKind in a research note to investors on Thursday. They now have a $2.25 price target on the stock.

MannKind opened at 2.19 on Friday. MannKind has a 52-week low of $1.57 and a 52-week high of $3.95. The company’s market cap is $347.8 million.

MannKind last posted its quarterly earnings results on Tuesday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.01. Analysts expect that MannKind will post $-0.97 EPS for the current fiscal year.

MannKind Corporation (MannKind) is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diseases, such as diabetes and cancer.

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