MannKind Stock: Next Stop, $4?

2020 has provided a reversal of fortune for MannKind (MNKD). After several difficult years, the diabetes focused biotech’s stock has been on the mend and is up by 77% year-to-date.However, according to BTIG analyst Robert Hazlett, there’s plenty of upside yet to come. The 5-star analyst has a Buy rating on MNKD shares along with a $4 price target. Investors could be pocketing gains of a hefty 75%, should Hazlett’s thesis play out over the coming months. (To watch Hazlett’s track record, click here)Hazlett’s confidence in MannKind is based on 2 main drivers; The first is the increasing sales of …read more

Source:: Yahoo Finance

      

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