Dendreon (NASDAQ: DNDN) had its target price raised by Roth Capital from $5.00 to $6.30 in a report released on Tuesday. Roth Capital currently has a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a neutral rating on shares of Dendreon in a research note to investors on Tuesday. They now have a $6.00 price target on the stock, up previously from $4.00. Separately, analysts at Brean Murray reiterated a sell rating on shares of Dendreon in a research note to investors on Monday. They now have a $2.00 price target on the stock. Finally, analysts at Maxim Group downgraded shares of Dendreon from a hold rating to a sell rating in a research note to investors on Thursday, February 14th. They now have a $4.00 price target on the stock.
Shares of Dendreon opened at 5.65 on Tuesday. Dendreon has a one year low of $3.69 and a one year high of $12.21. The stock’s 50-day moving average is currently $6.14. The company’s market cap is $845.6 million.
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