Theravance (THRX) Tops Q4 EPS by 1c

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

February 19, 2015 7:23 AM EST

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... More