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Cowen Downgrades Threshold Pharmaceuticals (THLD) to Market Perform

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Stifel Downgrades Threshold Pharmaceuticals (THLD) to Hold

December 7, 2015 7:31 AM EST

Stifel downgraded Threshold Pharmaceuticals (NASDAQ: THLD) from Buy to Hold after the company announced negative topline data from both of its Phase III trials for TH-302 in pancreatic cancer and sarcoma.

Analyst Thomas Shrader commented, "Despite very positive phase II data, the... More