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Fly News Breaks for November 6, 2019
TBPH
Nov 6, 2019 | 08:44 EDT
Baird analyst Brian Skorney upgraded Theravance Biopharma to Neutral from Underperform following its recent selloff. The analyst sees the stock price more in-line with what he sees as fair value for the Trelegy royalty and the pipeline. Skorney reduced his price target to $18 from $22 on Theravance Biopharma shares.
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