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Enter Symbol:
 
Mannkind Corporation (MNKD) [hlAlert]

Rating:
Mkt Perform
MNKD
down 48.30 %

Mannkind Corporation (MNKD) downgraded to Mkt Perform by Rodman & Renshaw

Posted on: Thursday,  Jan 20, 2011  8:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Perform Mannkind Corporation (NASDAQ: MNKD) on 01/20/2011. Previously Rodman & Renshaw rated Mkt Outperform Mannkind Corporation (NASDAQ: MNKD)
on 09/18/2009., when the stock price was $10.00. Since then, Mannkind Corporation has lost 48.30% as of 01/20/2011's recent price of $5.17.
If you would have followed the previous Rodman & Renshaw's recommendation on MNKD, you would have lost 48.3% of your investment in 489 days.

Mannkind Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes, cancer, inflammatory and autoimmune diseases. The Company's lead product, the Technosphere Insulin System, consists of the Company's dry-powder Technosphere formulation of insulin and the Company's MedTone inhaler through which the powder is inhaled into the deep lung.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2011 8:25 AM Hold
None
5.17
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD down  -35.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2009 9:25 AM Buy
None
10.00 18.00
6/4/2009 12:25 PM Buy
None
7.14 14.00
3/9/2009 8:25 AM Buy
None
2.31 7.00
10/7/2008 8:25 AM Buy
None
3.59 9.00

(*) Stock Price at the time of the recommendation.
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