Vetr Top Raters Upgrade MannKind To 5-Star Stock
Shares of MannKind Corporation (NASDAQ: MNKD) have lost nearly 85 percent over the past year, but have rebounded above the $1 per share mark after bottoming at $0.64 per share in early January.
The stock's near-term momentum likely prompted Vetr top raters to upgrade MannkKind's stock rating to a maximum 5-star rating out of a possble five stars.
Related link: Here's how crowdsourced ratings can beat the market.
Shares of MannKind have fallen to $1.10 since the prior rating of 3.5 stars was issued just five days ago.
MannKind's stock remains hotly contested among all market participants, but 68 percent of the Vetr Crowd's ratings are bullish. On the other hand, the crowdsourced price target of $1.00 implies a potential downside of more than 5 percent.
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Latest Ratings for MNKD
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | HC Wainwright & Co. | Maintains | Buy | |
| May 2021 | RBC Capital | Initiates Coverage On | Sector Perform | |
| Mar 2021 | SVB Leerink | Maintains | Outperform |
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