Leerink Partners Reiterates a Buy Rating on MannKind Corporation (MNKD), Keeps the PT at $7

MannKind Corporation (NASDAQ:MNKD) is one of the top strong buy stocks under $5 to buy now. On August 8, Leerink Partners analyst Faisal Khurshid reiterated a Buy rating on MannKind Corporation (NASDAQ:MNKD), keeping the price target at $7.00.

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A close-up of a doctor’s hand pressing on an inhaler, conveying the effect of the company’s therapeutic products.

Similarly, in a report released on August 7, Douglas Miehm from RBC Capital maintained a Buy rating on MannKind Corporation (NASDAQ:MNKD) with a price target of $7.00.

The same day, Mizuho Securities also released a report maintaining a Buy rating on the stock with a $10.00 price target.

Currently, the analyst consensus on MannKind Corporation (NASDAQ:MNKD) is a Strong Buy. The stock’s median price target of $4.11 implies an upside of 118.98% from current levels.

MannKind Corporation (NASDAQ:MNKD) is a biopharmaceutical company that develops and commercializes innovative therapeutic devices and products that address serious unmet medical needs for endocrine and orphan lung diseases.

The company’s pipeline and products include Afrezza, Pediatric Afrezza, V-Go, Tyvaso DPI, MNKD-101, MNKD-201, MNKD-301, and MNKD-501.

While we acknowledge the potential of MNKD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNKD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.