By: Benzinga
October 28, 2013 at 10:22 AM EDT
UPDATE: Maxim Upgraded Dendreon, Raises High PT
Maxim Group analyst Jason Kolbert upgraded Dendreon Corp. (NASDAQ: DNDN ) from Hold to Buy and raised the PT from $3 to $10. Kolbert noted that the target acquisition value is based on a possible 45 percent in margins pending on if SG&A spending becomes an "incremental expense" to
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