JP Morgan Upgrades Mallinckrodt To Overweight

Analysts at JP Morgan upgraded

from Neutral to Overweight. The price target for Mallinckrodt has been raised from $110.00 to $130.00. Mallinckrodt shares have climbed 67.39% over the past 52 weeks, while the S&P 500 index has surged 13.59% in the same period. Mallinckrodt's shares rose 2.89% to close at $112.50 yesterday.