Cowen & Co. analyst Marc Frahm downgrades Theravance Biopharma (NASDAQ:TBPH) from Outperform to Market Perform and lowers the price target from $42 to $14.
Shares of online automobile marketplace Cars.com Inc (NYSE: CARS) are flying into Thursday’s trading session, up 11.85% after the company reported better-than-expected earnings along with upbeat forward guidance.