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Baird's research team still looks for more signs of a revenue uptick before issuing an upgrade...

Baird's research team still looks for more signs of a revenue uptick before issuing an upgrade on Dendreon (DNDN +2.7%), but it sees management starting a credible turnaround path and suggests some exposure given the negative sentiment and low valuation. Near-term Provenge problems seem fixable, the firm says, and cost-efficiency measures should lower cost of goods sold.
Comments (4)
  • I will take Baird's table scraps and Gnaw on the bones.
    Tweet me @Bampotscot.
    17 Aug 2012, 04:50 PM Reply Like
  • Lol. Me too. Got some deep in the money calls a bit out. Quite cheap.
    17 Aug 2012, 05:45 PM Reply Like
  • Which ones?
    17 Aug 2012, 06:52 PM Reply Like
  • $3 November 17
    17 Aug 2012, 07:38 PM Reply Like
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