MALLINCKRODT PL (MNK) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of MALLINCKRODT PL (MNK) from NEUTRAL to UNDERPERFORM on September 03, 2013, with a target price of $41.70.

Mallinckrodt Plc. is engaged in pharmaceuticals business. It develops, manufactures, markets and distributes specialty pharmaceutical products and medical imaging agents. The company's Specialty Pharmaceuticals segment includes branded and generic drugs and Medical Imaging segment includes contrast media and nuclear imaging agents. Mallinckrodt Plc. is based in Dublin, Ireland.

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