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Theravance (THRX) Price Target Lifted to $17 at BofA/Merrill Lynch

February 19, 2015 7:23 AM EST
Get Alerts THRX Hot Sheet
Price: $4.06 --0%

Rating Summary:
    6 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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BofA/Merrill Lynch raised its price target on Theravance Inc. (NASDAQ: THRX) to $17.00 (from $15.00) following Q4 results, but maintained a Neutral rating. The firm notes US and ex-US trends are strengthening.

Analyst Steve Byrne raised their ex-US peak to $1.2 billion from $1 billion to equal US peak.

For an analyst ratings summary and ratings history on Theravance Inc. click here. For more ratings news on Theravance Inc. click here.

Shares of Theravance Inc. closed at $15.48 yesterday.



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