Leerink Swann weighs in on Dendreon's (DNDN -21%) mixed Q1 results yesterday, downgrading the...

|About: Dendreon Corporation (DNDN)|By:, SA News Editor

Leerink Swann weighs in on Dendreon's (DNDN -21%) mixed Q1 results yesterday, downgrading the shares to Market Perform on the back of the report. The firm cites less-than-expected growth of Provenge and concerns over growing competition.