Why MannKind Corporation Stock Is Jumping Today
Shares of MannKind Corp. (NASDAQ: MNKD) are on the move yet again today following an upgrade by H.C. Wainwright. The firm raised its 12-month price target for the stock to $12 this morning, implying a 31% upside potential from where it closed yesterday.
As of 10:51 a.m. EDT, MannKind's shares are up 20.83% on the back of this positive coverage by H.C. Wainwright, and have now appreciated by a whopping 175% less than two weeks into October.
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Source: Fool.com