Baird Says Dendreon (DNDN) Results and Guidance "Bad" and "Worse"
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Price: $0.13 --0%
Rating Summary:
2 Buy, 15 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 15 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Baird made some quick comments on Dendreon (NASDAQ: DNDN) following Q2 results and guidance.
The firm said the Q2 miss was bad, but FY11 guidance withdrawl is worse.
"Incrementally negative on DNDN shares following of what we view as a disappointing Q211 marked by a substantial Provenge miss and FY11 guidance
withdrawal."
For more ratings news on Dendreon click here and for the rating history of Dendreon click here.
Shares of Dendreon remain halted.
The firm said the Q2 miss was bad, but FY11 guidance withdrawl is worse.
"Incrementally negative on DNDN shares following of what we view as a disappointing Q211 marked by a substantial Provenge miss and FY11 guidance
withdrawal."
For more ratings news on Dendreon click here and for the rating history of Dendreon click here.
Shares of Dendreon remain halted.
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