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Dendreon Corporation (NASDAQ: DNDN) shares advanced 4.59% to $41.25 in the pre-market session. Medicare agreed to pay for DNDN's prostate cancer therapy Provenge. Logitech International SA (NASDAQ: LOGI) shares advanced 1.96% to $11.46 in the pre-market session. LOGI is scheduled to report its Q1...

Bank of America Merrill Lynch is out with its report today on Apollo Group (NASDAQ: APOL), raising its PO from $50 to $52. In a note to clients, Bank of America Merrill Lynch writes, "We appreciate that visibility into results remains limited as Apollo is in a significant transition period but...

This is your Benzinga news summary and traders' outlook for Friday, July 1, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures and the U.S. dollar are trading relatively flat as traders wait for key economic data to be...

According to Deutsche Bank, Apollo Group (NASDAQ: APOL) Buy rating is maintained. Deutsche Bank said that it continues to favor APOL within the sector as it is the deepest into business model changes, is compliant with Gainful Employment, is attractive on an implied 13x FY12 EPS guidance, and has...

Oppenheimer is out with its report on Apollo Group (NASDAQ: APOL), maintaining Perform. In a note to clients, Oppenheimer writes, "At 13.5x our FY12E EPS of $3.25, APOL's at a slight premium to the market multiple. With FY12 likely trough, the level is intriguing. However, we expect multiple...

“In dialing back enrollments, screening students more aggressively and trimming costs we believe Apollo (NASDAQ: APOL) has taken the right steps to improve student outcomes and ultimately drive a reacceleration in revenue and earnings growth,” Piper Jaffray wrote in a report. “Largely in-line F3Q...

Deutsche Bank made a number of updates in a research report published today. KB Home (NYSE: KBH) had its rating maintained at Hold. At the same time, its price target was lowered from $18 to $12. On Thursday, KBH lost 2.98% of its value to end the day at $9.78. Its shares regained most of...

Citi is out with its report today on DeVry (NYSE: DV), reiterating Buy. In a note to clients, Citi writes, "We rate DeVry Inc Buy/High Risk (1H) with a $71 PT. DeVry has more modest exposure to regulatory risk than some of its ground-based peers and the company is our top pick in the Traditional...

Citigroup has raised the price target on Apollo Group (NASDAQ: APOL) from $41 to $44 and maintains its Hold rating.

Goldman Sachs reiterated its Buy rating on Apollo (NASDAQ: APOL). At the same time, Goldman raised its price target on the company's stock from $59 to $62. On Thursday, Apollo added 1.53% to its value to end the day at $43.68. Its shares lost all of yesterday's gains in today's pre-market trading,...

Morgan Stanley has raised the price target on Apollo Group (NASDAQ: APOL) from $54 to $56 and maintains its Overweight rating.

Bank of America has raised the price objective on Apollo Group (NASDAQ: APOL) from $50 to $52 and maintains its Buy rating.

US stock futures are mixed this morning. Futures on the Dow Jones Industrial Average rose 11 points to 12,356.00 and futures on the S&P 500 stock index fell 1.00 point to 1,314.50. Nasdaq 100 futures gained 0.75 point to 2,321.75. US stocks closed higher on Thursday, with the Dow Jones...

Citigroup has raised the price target on DeVry (NYSE: DV) from $64 to $71 and maintains its Buy rating.

Some of the stocks that may grab investor focus today are: Apollo Group Inc (NASDAQ: APOL) reported upbeat third-quarter results and projected FY11 revenue above estimates. Apollo expected FY11 consolidated revenue of $4.65 to $4.75 billion, versus analysts' estimates of $4.67 billion. Apollo's...