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Breo Ellipta Sales Below Estimates, Says Leerink Swann (THRX) (GSK)

March 14, 2014 10:07 AM EDT
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GlaxoSmithKline plc (NYSE: GSK) and Theravance's (NASDAQ: THRX) Breo Ellipta sales are well below estimates, said Leerink Swann, cited IMS data. Scripts were roughly flat at 1,634 last week. Analyst Howard Liang said "significant acceleration" is needed to meet estimates.

Leerink Swann has a Outperform rating on Theravance Inc. with a price target of $50.00

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 $33.94 yesterday.


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