Ironwood sinks, Mizuho cuts Linzess estimates

|About: Ironwood Pharmaceuticals, Inc. (IRWD)|By:, SA News Editor

Ironwood Pharmaceuticals (IRWD -4.1%) slides in morning trading.

Mizuho cuts its price target on the shares to $16 from $23.

Linzess FY13 revenue estimates slashed to $117M from $147M.

The company presented yesterday at the Morgan Stanley Global Healthcare Conference. (webcast)