J.P. Morgan Reiterates Overweight Rating On Dendreon

According J.P. Morgan, Dendreon DNDN Overweight rating is reiterated. J.P. Morgan said that it reiterates its OW rating on DNDN ahead of important near-term developments. “For the second time this year, the company is approaching a clustering of events that could have significant implications for the intermediate- and long-term future of Provenge.” Dendreon closed yesterday at $39.73.