Wells Fargo Reluctant to Recommend MannKind (MNKD), Requires Too Much Patience

Wells Fargo today maintained a Market Perform rating on MannKind (NASDAQ: MNKD) with a modified price target of $3.00 (from $2.75).

"We continue to like the commercial viability of Afrezza but think the stock
requires too much patience and risk tolerance to recommend buying shares at
this time," said analyst Michael Tong.

For an analyst ratings summary and ratings history on MannKind (NASDAQ: MNKD) click here. For more ratings news on MannKind click here.

Shares of MannKind closed at $3.06 yesterday, with a 52 week range of $1.57-$3.11.

http://www.streetinsider.com/Analyst+Comments/Wells+Fargo+Reluctant+to+Recommend+MannKind+%28MNKD%29%2C+Requires+Too+Much+Patience/8174057.html