MERRIMACK PHAR (MACK) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of MERRIMACK PHAR (MACK) from NEUTRAL to UNDERPERFORM on March 18, 2013, with a target price of $5.70.

Merrimack Pharmaceuticals, Inc., is a biopharmaceutical company focused on the discovery, development and preparation to commercialize innovative medicines paired with companion diagnostics for the treatment of serious diseases, with a special focus on cancer. Merrimack Pharmaceuticals, Inc. is headquartered in Cambridge, Massachusetts.

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